Bitcoin Dissertation Topics
Cryptocurrencies, notably bitcoin, are becoming increasingly popular and valuable. At the time of this writing, more than $112 billion worth of Bitcoins had been mined. Since bitcoin has so many different components, it makes for a great research topic. If you’d want to write a dissertation on bitcoin, you can select from one of these eight interesting and manageable dissertation themes. There are some very interesting bitcoin dissertation topics that you can pick and work on.
Editingarsenal has compiled a list of some of the most popular and common dissertation topics from a variety of academic disciplines, so you can pick and choose what to write about. If you need dissertation editing assistance , don’t hesitate to contact one of our qualified and experienced editors and proofreaders.
What measures can be taken to lessen the volatility of cryptocurrencies?
Stealing Bitcoin is as simple as having access to an account’s private RSA key (encoded in a string of alphanumeric letters). The security of Bitcoin is a well-known enigma. Because of their ease of theft, these strings are worth hundreds of millions of dollars at today’s exchange rates. In order to prevent their own staff from stealing their clients’ bitcoins, bitcoin exchanges had to implement new security measures. This study’s goal is to make it more difficult for people to steal cryptocurrency.
Is Bitcoin going to be the global trade currency of the future?
Gold mined on Earth has no utility on Mars since lifting a kilogramme of it from Earth’s gravity well, launching it to Mars, and then securely landing it would be more expensive. Since it’s so difficult to get anything from Earth to Mars, nearly everything we have here on Earth is worthless to a Martian. With that, we’re left contemplating how to establish intergalactic currencies that are backed by material products, just like the rest of the world’s fiat currency system. One way is to use cryptocurrencies. An electronic money would be necessary to conduct transaction over such enormous interplanetary and galactic distances. This project will look into it to see what’s possible.
“51% attacks” on the bitcoin protocol are a thing.
There are assaults on the Bitcoin protocol known as “51 percent attacks.”
It’s mathematically impossible to stay away from bitcoin mining’s computationally demanding operations. The same class of issues can be solved far more efficiently by identifying a collision attack on SHA, for example, by a technologically advanced individual or organisation. To prevent any blockchain transaction from going through, a single organisation would have to control more than 50% of the bitcoin hashing power. This project’s goal is to examine the repercussions.
Denial-of-service attacks on the bitcoin protocol.
There are millions of users and miners who contribute to the blockchain, which underpins Bitcoin. On the blockchain, progress is decided by a majority vote; the present version is supported by 51% of the network. In the event of extended network fragmentation, there is a potential that two separate blockchain versions diverge dramatically, with actual financial transactions taking place in the real world. One of the community’s branches would have to be shut down if the networks were reconnected, which would be upsetting. This project will look into the ramifications.
Is the bitcoin market inflating on purpose?
As the value of bitcoins rises, mining them will become increasingly difficult due to the protocol’s macroeconomic features (such as the fixed total quantity of bitcoins, an adaptive level of proof-of-work difficulty, and a sharp drop in mining revenues). Bitcoin’s creator, Satoshi Nakamoto, must have been aware of this when he created it. As long as it’s still working (although slowly), the protocol is likely to be kept in place. This project’s economic modelling team will get to work.
There is a risk of a factorisation attack on the Bitcoin protocol.
As indicated by the recent discovery of multiple problems in the RSA key pair generating hardware and software, some bitcoin account numbers (essentially public keys required to authenticate blockchain communications) may be vulnerable to factorisation. As a result, the only thing standing in your way will be financial obstacles. Will opening a new wallet be worth it at the current price of a computational power unit? This project’s goal is to make it unprofitable to conduct Bitcoin protocol factorisation attacks rather than to make it impossible to conduct such attacks. Wallet security can be improved without resorting to complex mathematical methods.
What happens to bitcoin mining hardware after ASICs are introduced?
In the early days of bitcoin mining, repeated hash function evaluations were performed using CPUs. Because of its short size, the SHA hashing function was easily translated to GPU architectures with a large number of cores, including several of the most powerful ones made by ATI. FPGAs and then application-specific integrated circuits (ASICs) were used by the community as a result (ASICs). As of right now, the most effective bitcoin mining hardware is so quiet that it can be used in a home. Only by decreasing the size of the process and increasing electrical efficiency can anything else be accomplished. This project will look beyond ASICs.
Hash collision attacks on the Bitcoin protocol are possible.
A hash grinding process, which starts with a random data string and evaluates a hash function until it meets the predetermined objective, is used as part of the Bitcoin protocol’s proof of work mechanism. These algorithms utilise the hash function’s resistance to crashing. A practical SHA collision attack is now possible because to recent developments in such attacks. Regardless of whether or not it’s ever made public, will this be the death of bitcoin? That question will be answered by the findings of this investigation.