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Analysis of the Current Situation of Virtual Currency Based on Statistical Data and Prospects for Its Future Model
- 1 Miami University-Oxford, OH, United States
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Abstract
Bitcoin is known to the world from its birth to the present, and it only took 13 years. In the past 13 years, countless virtual currencies have flourished. In the rapid development of virtual currencies, many problems have been revealed. This article will mainly discuss (1) energy consumption, (2) miner consolidation, (3) encryption security and finally (4) miner income volatility through different types of virtual currency data. And use Android virtual currency as a case to look forward to virtual currency The direction of development. Readers can learn more about the main challenges faced by virtual currencies through this article, and explore the future development model of virtual currencies.
Keywords
Miner Consolidation, Energy Consumption, Cryptocurrencies, Encryption Security, Miner Income Volatility
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Cite this article
Zhu,C. (2023).Analysis of the Current Situation of Virtual Currency Based on Statistical Data and Prospects for Its Future Model.Theoretical and Natural Science,2,105-112.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the International Conference on Computing Innovation and Applied Physics (CONF-CIAP 2022)
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