A Brief Study of the Role Mathematics behind Cryptocurrency

Mathematics           

Explore –Journal of Research

                                    Peer Reviewed Journal

     ISSN 2278–0297 (Print)

                                                                                                ISSN 2278–6414 (Online)

© Patna Women’s College, Patna, India

                                                         https://patnawomenscollege.in/explore-journal-of-research/

A Brief Study of the Role Mathematics behind Cryptocurrency

• Ankita Singh • Prerna Kumari • Sakshi Adarsh • Alka Kumari

Received                  : December 2021

Accepted                 : January 2022

Corresponding Author   : Alka Kumari

Abstract : Cryptocurrency is a digital currency which is based on the mathematical concept called cryptography.lt is not backed by government or any central bank. We can also explain it as Money created by the masses, for the masses and controlled by the masses.Blockchain is the technology behind Cryptocurrencies.The defining feature of cryptocurrencies is that they are immune to any kind of inflation.

Keywords: Cryptocurrencies, BlockchainTechnology, Asymmetric Cryptography, Hash Function, Digital Signature, Bitcoins.

Ankita Singh
B.Sc. III year, Mathematics (Hons.), Session:2019-2022,
Patna Women’s College (Autonomous),
Patna University, Patna, Bihar, India

Prerna Kumari
B.Sc. III year, Mathematics (Hons.), Session:2019-2022,
Patna Women’s College (Autonomous),
Patna University, Patna, Bihar, India

Sakshi Adarsh
B.Sc. III year, Mathematics (Hons.), Session:2019-2022,
Patna Women’s College (Autonomous),
Patna University, Patna, Bihar, India

Alka Kumari
Head, Department of Mathematics,
Patna Women’s College (Autonomous),
Bailey Road, Patna-800 001, Bihar, India
E-mail : alka.math CO patnawomenscollege.in