Article Details
  • Published Online:
    January  2025
  • Product Name:
    The IUP Journal of Computer Sciences
  • Product Type:
    Article
  • Product Code:
    IJCS020125
  • DOI:
    10.71329/IUPJCS/2025.19.1.18-34
  • Author Name:
    Dileep Kumar Murala, Hara Bhuvan Choula, KBVVMS Venu Gopal, Raghav Varma Alluri and Jahnavi Gopu
  • Availability:
    YES
  • Subject/Domain:
    Engineering
  • Download Format:
    PDF
  • Pages:
    18-34
Volume 19, Issue 1, January 2025
Emerging Blockchain Models for Digital Currencies
Abstract

The paper discusses emerging blockchain models used in digital money environments. Examining the complexities of these clever structures, the review offers insights on their specialized underpinnings, unmistakable highlights, and their transformative effect on digital currencies. Using models like Directed Acyclic Graphs (DAGs), half-breed agreement components, layer 2 scaling arrangements, etc., the review depicts their key distinctions, functionalities, and how they are different from more established blockchain models. From creative agreement calculations to versatility improvements and administration structures, it offers a thorough examination of how these models rethink exchange speeds, security arrangements, and decentralization inside digital cash organizations. Certifiable applications and contextual analyses further underscore the versatility of these emerging blockchain models in various digital currency environments.

Introduction

Within the exclusive realm of monetary innovation, the ascendance of blockchain development stands as a transformative force, fundamentally reshaping the contours of digital currencies.