Analysis of the Cryptographic Tools for Blockchain and Bitcoin

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...

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Main Authors: Víctor Gayoso Martínez, Luis Hernández-Álvarez, Luis Hernández Encinas
Format: Article
Language:English
Published: MDPI AG 2020-01-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/8/1/131
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author Víctor Gayoso Martínez
Luis Hernández-Álvarez
Luis Hernández Encinas
author_facet Víctor Gayoso Martínez
Luis Hernández-Álvarez
Luis Hernández Encinas
author_sort Víctor Gayoso Martínez
collection DOAJ
description 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.
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spelling doaj.art-b94d4376ff0646798cdc43cf7303128e2022-12-22T01:07:31ZengMDPI AGMathematics2227-73902020-01-018113110.3390/math8010131math8010131Analysis of the Cryptographic Tools for Blockchain and BitcoinVíctor Gayoso Martínez0Luis Hernández-Álvarez1Luis Hernández Encinas2Institute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, SpainInstitute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, SpainInstitute of Physical and Information Technologies (ITEFI), Spanish National Research Council (CSIC), Serrano 144, 28034 Madrid, SpainBlockchain 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.https://www.mdpi.com/2227-7390/8/1/131asymmetric cryptographybitcoinblockchaindigital signatureelliptic curveshash functionmerkle tree
spellingShingle Víctor Gayoso Martínez
Luis Hernández-Álvarez
Luis Hernández Encinas
Analysis of the Cryptographic Tools for Blockchain and Bitcoin
Mathematics
asymmetric cryptography
bitcoin
blockchain
digital signature
elliptic curves
hash function
merkle tree
title Analysis of the Cryptographic Tools for Blockchain and Bitcoin
title_full Analysis of the Cryptographic Tools for Blockchain and Bitcoin
title_fullStr Analysis of the Cryptographic Tools for Blockchain and Bitcoin
title_full_unstemmed Analysis of the Cryptographic Tools for Blockchain and Bitcoin
title_short Analysis of the Cryptographic Tools for Blockchain and Bitcoin
title_sort analysis of the cryptographic tools for blockchain and bitcoin
topic asymmetric cryptography
bitcoin
blockchain
digital signature
elliptic curves
hash function
merkle tree
url https://www.mdpi.com/2227-7390/8/1/131
work_keys_str_mv AT victorgayosomartinez analysisofthecryptographictoolsforblockchainandbitcoin
AT luishernandezalvarez analysisofthecryptographictoolsforblockchainandbitcoin
AT luishernandezencinas analysisofthecryptographictoolsforblockchainandbitcoin