Blockchain technology is having a deep impact on the financial and technical sectors providing a mechanism for the creation of decentralized currencies and a number of applications in different fields. At the core of the technology there is a consensus protocol enabling the maintenance of a distributed ledger. In general current systems are complex schemes that implement a combination of cryptographic algorithm, distributed techniques, and incentive driven behaviour. In this paper we focus on three of the most diffused platforms, i.e. Bitcoin, Ripple, and Ethereum, and provide a comparative analysis of their most important features such as the architecture, the scripting language, the economic and security properties.

A Comparative Analysis of Current Cryptocurrencies / E. Damiani, S. Cimato, L. Mauri - In: International Conference on Information Systems Security and Privacy : proceedings / [a cura di] P. Mori, S. Furnell, O. Camp. - Prima edizione. - [s.l] : SCITEPRESS, 2018. - ISBN 9789897582820. - pp. 127-138 (( Intervento presentato al 4. convegno International Conference on Information Systems Security and Privacy tenutosi a Madeira nel 2018 [10.5220/0006648801270138].

A Comparative Analysis of Current Cryptocurrencies

E. Damiani;S. Cimato
;
L. Mauri
2018

Abstract

Blockchain technology is having a deep impact on the financial and technical sectors providing a mechanism for the creation of decentralized currencies and a number of applications in different fields. At the core of the technology there is a consensus protocol enabling the maintenance of a distributed ledger. In general current systems are complex schemes that implement a combination of cryptographic algorithm, distributed techniques, and incentive driven behaviour. In this paper we focus on three of the most diffused platforms, i.e. Bitcoin, Ripple, and Ethereum, and provide a comparative analysis of their most important features such as the architecture, the scripting language, the economic and security properties.
Cryptographic Protocol; Blockchain; Bitcoin; Ethereum; Ripple
Settore INF/01 - Informatica
Settore ING-INF/05 - Sistemi di Elaborazione delle Informazioni
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/547310
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