Revista Digital Universitaria
Revista Digital Universitaria ISSN: 1607 - 6079 | Publicación mensual | 1 de Enero de 2016 vol.18, No.1


Bitcoin: An overview

Moisés Salinas Rosales, Victor Gabriel Reyes Maledo & Gina Gallegos Garcia

Bitcoin is an electronic payment system that since its appearance in 2009 has positioned itself as one of the most promoted and adopted by companies around the word, therefore it is of great value to the interested public to have general overviews of its operation and the implications that its use presents. This paper aims to provide an overview of the Bitcoin payment system describing its operation, architecture, the ways it operates and some of the associated financial considerations; it is hoped that this paper can be used as an introduction for anyone who is interested in studying the subject.

Keywords: Bitcoin, e-payment, mining, blockchain, e-currency