TY - GEN
T1 - Empirical analysis of crypto currencies
AU - Popuri, Manoj Kumar
AU - Gunes, Mehmet Hadi
N1 - Publisher Copyright:
© Springer International Publishing Switzerland 2016.
PY - 2016
Y1 - 2016
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84961161156&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84961161156&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-30569-1_21
DO - 10.1007/978-3-319-30569-1_21
M3 - Conference contribution
AN - SCOPUS:84961161156
SN - 9783319305684
T3 - Studies in Computational Intelligence
SP - 281
EP - 292
BT - Complex Networks VII - Proceedings of the 7th Workshop on Complex Networks CompleNet 2016
A2 - Cherifi, Hocine
A2 - Goncalves, Bruno
A2 - Menezes, Ronaldo
A2 - Sinatra, Roberta
T2 - 7th Workshop on Complex Networks CompleNet, 2016
Y2 - 23 March 2016 through 25 March 2016
ER -