February 15, 2018· KnE Social Sciences
article
Open access
Retrospective and Prospects for the Development of Cryptocurrency
Authors:T. E. KaminskayaL. D. Kurbanova
Abstract
The article discusses the retrospective of cryptocurrencies, theoretical understanding of the digital currency, its value and essence. The tendencies and prospects of cryptocurrencies development. The article focuses on the lack of a legal framework regulating relations in the field of "mining" and circulation of cryptocurrencies. Keywords: cryptocurrency; digital currencies; bitcoin; electronic money; mining; cryptographic methods of information protection.
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