• Login
    View Item 
    •   Home
    • University Colleges
    • Purchase College
    • Purchase College Student Projects
    • View Item
    •   Home
    • University Colleges
    • Purchase College
    • Purchase College Student Projects
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of SUNY Open Access RepositoryCommunitiesPublication DateAuthorsTitlesSubjectsDepartmentThis CollectionPublication DateAuthorsTitlesSubjectsDepartmentAuthor ProfilesView

    My Account

    LoginRegister

    Campus Communities in SOAR

    Alfred State CollegeBrockportBroomeCantonDownstateDutchessEmpireFarmingdaleFinger LakesFredoniaHerkimerMaritimeNew PaltzNiagaraOld WestburyOneontaOnondagaOptometryOswegoPlattsburghPurchase CollegePolytechnic InstituteSUNY Office of Workforce Development and Upward MobilitySUNY PressUpstate Medical

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    The Blockchain and How it Works

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    3423_Sulaman_Yaqoob.pdf
    Size:
    394.8Kb
    Format:
    PDF
    Download
    Average rating
     
       votes
    Cast your vote
    You can rate an item by clicking the amount of stars they wish to award to this item. When enough users have cast their vote on this item, the average rating will also be shown.
    Star rating
     
    Your vote was cast
    Thank you for your feedback
    Author
    Yaqoob, Sulaman A.
    Keyword
    First Reader Knarik Tunyan
    Senior Project
    Semester Fall 2021
    Readers/Advisors
    Tunyan, Knarik
    Term and Year
    Fall 2021
    Date Published
    2021
    
    Metadata
    Show full item record
    URI
    http://hdl.handle.net/20.500.12648/11551
    Abstract
    The purpose of this research was to delve into how a blockchain algorithm is formed and operates as it does within the world of cryptocurrency. This new and rising technology has revolutionized the world of currency and commerce and is finding its way into all kinds of industries which affect us all. Understanding its key components and history was essential and the information was used to produce a cryptocurrency coin in the Python programming language myself and simulate real life transactions. From executing the simulator program myself I came to understand how and why an algorithm like blockchain is so effective and secure. Its hash values, the basic unit of each block in the chain is what makes it nigh impossible to reverse engineer, and if you manage to somehow do it and change the hash, the true current hash would be so radically different that the system or even the human eye can notice that the chain has been tampered with and any transaction would not go through so long as the chain has a most current hash value (which it always does). A broken chain would just not be feasible nor work if you do not already have the proper sequence of hash values. An in-depth understanding of the blockchain is necessary to build a secure network for any digital currency and beyond.
    Accessibility Statement
    Purchase College - State University of New York (PC) is committed to ensuring that people with disabilities have an opportunity equal to that of their nondisabled peers to participate in the College's programs, benefits, and services, including those delivered through electronic and information technology. If you encounter an access barrier with a specific item and have a remediation request, please contact lib.ir@purchase.edu.
    Collections
    Purchase College Student Projects

    entitlement

     

    DSpace software (copyright © 2002 - 2025)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.