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Analysis of the Cryptographic Tools for Blockchain and Bitcoin

Author

Listed:
  • Víctor Gayoso Martínez

    (Institute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, Spain)

  • Luis Hernández-Álvarez

    (Institute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, Spain)

  • Luis Hernández Encinas

    (Institute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, Spain)

Abstract

Blockchain is one of the most interesting emerging technologies nowadays, with applications ranging from cryptocurrencies to smart contracts. This paper presents a review of the cryptographic tools necessary to understand the fundamentals of this technology and the foundations of its security. Among other elements, hash functions, digital signatures, elliptic curves, and Merkle trees are reviewed in the scope of their usage as building blocks of this technology.

Suggested Citation

  • Víctor Gayoso Martínez & Luis Hernández-Álvarez & Luis Hernández Encinas, 2020. "Analysis of the Cryptographic Tools for Blockchain and Bitcoin," Mathematics, MDPI, vol. 8(1), pages 1-14, January.
    • Handle: RePEc:gam:jmathe:v:8:y:2020:i:1:p:131-:d:309039
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    Citations

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    Cited by:

    1. Alexandru Dinu & Madalin Frunzete, 2023. "Singularity, Observability and Statistical Independence in the Context of Chaotic Systems," Mathematics, MDPI, vol. 11(2), pages 1-17, January.
    2. Avinash Vijayarangan & Veena Narayanan & Vijayarangan Natarajan & Srikanth Raghavendran, 2022. "Novel Authentication Protocols Based on Quadratic Diophantine Equations," Mathematics, MDPI, vol. 10(17), pages 1-10, September.

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