Empirical analysis of crypto currencies

Manoj Kumar Popuri, Mehmet Hadi Gunes

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    9 Scopus citations

    Abstract

    Analysis of the currency networks is not easy as the transactions are not centralized but rather take place over a large number of banks and commercial entities. Digital crypto currencies, however, require a public ledger to work and provide an opportunity for analysis of currency transactions. A crypto currency is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. In this paper, we analyze two of the popular crypto currencies, i.e., Bitcoin and Litecoin. We construct network of transactions from public transaction ledger. We investigate the structure of currency transaction network by measuring the network characteristics.

    Original languageEnglish
    Title of host publicationComplex Networks VII - Proceedings of the 7th Workshop on Complex Networks CompleNet 2016
    EditorsHocine Cherifi, Bruno Goncalves, Ronaldo Menezes, Roberta Sinatra
    Pages281-292
    Number of pages12
    DOIs
    StatePublished - 2016
    Event7th Workshop on Complex Networks CompleNet, 2016 - Dijon, France
    Duration: 23 Mar 201625 Mar 2016

    Publication series

    NameStudies in Computational Intelligence
    Volume644
    ISSN (Print)1860-949X

    Conference

    Conference7th Workshop on Complex Networks CompleNet, 2016
    Country/TerritoryFrance
    CityDijon
    Period23/03/1625/03/16

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