Peer Cash A Blockchain Based Cryptocurrency

Authors

  • Bindu Sivasankar  Assistant Professor, Department of Computer Science and Engineering, Younus College Of Engineering and Technology, Pallimukku, Kollam, Kerala, India
  • An Suhail A Neema Sathar  B Tech Student, Department of Computer Science and Engineering, Younus College Of Engineering and Technology, Pallimukku, Kollam, Kerala, India

Keywords:

Blockchain, Ethereum, Cryptocurrency, Cryptography

Abstract

PeerCash is an decentralized application built on Ethereum blockchain technology. Decentralization means that there is no concept of having admin. Blockchain is a decentralized, distributed ledger secured technology which is immutable and verifiable. Every events in blockchain is recorded on blocks and it is encrypted using cryptography hashing. The advantage of PeerCash is that we can completely avoid the middle man from the web shopping payment system. That is we can completely remove the bank from interfering with our payment system and the buyer and seller can directly proceed their transaction and make their purchase. PeerCash transactions is completely recorded on blocks and the transactions is secured. So we can call PeerCash as a cryptocurrency. This paper describes about this application.

References

  1. SathoshiNakamoto, “Bitcoin: A Peer to Peer Electronic Cashing System,”  www.bitcoin.org
  2. VitalikButerin, Gavin Wood, Joseph Lubin, “A Next Generation Application and Decentralized Application Platform”, www.ethereum.org
  3. Ian Grigg, “EOS An Introduction”
  4. David S, Noah Youngs, Arthur Britto, “Ripple Protocol         consensus Algorithm”
  5. William Stallings, “Cryptography and Network Security: Principles and Practice”
  6. Alfred Menzes, Paul van Oorschot and Scott Vanstone, “Handbook Of Applied Cryptography”
  7. Chi Sung Laih, “Advances in Cryptology- ASIACRYPT 2003

International Journal of Scientific Research in Science, Engineering and Technology

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Published

2019-06-07

Issue

Volume 5, Issue 9, May-2019

Section

Research Articles

License

Copyright (c) IJSRSET

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Bindu Sivasankar, An Suhail A Neema Sathar, " Peer Cash A Blockchain Based Cryptocurrency, International Journal of Scientific Research in Science, Engineering and Technology(IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 5, Issue 9, pp.103-108, May-2019.