Potential Attacks and Possible Preventions on Blockchain Infrastructure with respect to Cryptocurrency

Author Reg. ID: TIJER_151463

Published Paper Id: TIJER2403054

Published In: Volume 11 Issue 3, March-2024

Abstract: The world is rapidly transitioning from web2.0 to web3.0, along with it the meaning of currency has also changed. Blockchain is a decentralized and distributed ledger that ensures the integrity of data through cryptographic hashing and consensus mechanisms. With the advent of new generation blockchain technology, money is no longer limited to its traditional form and has taken the shape of crypto currency, which is significantly more safe and dependable. This research paper has identified the potential attacks on blockchain infrastructure with respect to crypto currency. Also, this research paper offers an extensive summary of the current risk environment surrounding blockchain infrastructure in cryptocurrencies and discussing various tool to identify vulnerabilities and possible preventions.

Keywords: Blockchain, Web3.0, Redundancy, Bitcoin, Ethereum, Hashrate, Cryptocurrency.

Downloads: 00026

Page No: a413-a419

Country: Noida, Uttar Pradesh, India

Research Area: Science and Technology

Published Paper URL: https://tijer.org/TIJER/viewpaperforall?paper=TIJER2403054

Published Paper PDF: https://tijer.org/TIJER/papers/TIJER2403054

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