International Journal of Applied Research on Information Technology and Computing
  • Year: 2019
  • Volume: 10
  • Issue: 3

A systematic overview on security issues of blockchain technology

1C-DAC (Centre for Development of Advanced Computing), Kolkata, West Bengal, India

(*Corrrresponding author) e-mail id: *sandeepkmr.cse@gmail.com,

1sahagk@gmail.com

Abstract

In the development of information technology blockchain plays a vital role. Security aspects must be considered to use block chain effectively. Block chain is seen to be new and advance technique for addressing the security issues and designing new decentralization frameworks. With the increasing number of connected devices and online transactions, management of transactions, devices, maintaining network security and privacy are of important research issue. This article presents a survey of different security and attack of block chain. We describe in detail the common types of attacks and evaluate the security impacts on the block chain network.

Keywords

Block chain, Security, Cryptocurrency, Consensus, Technology, Eclipse, Double spending, Selfish mining