Vademecum bitcoin
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Hide details. Abstract : Blockchain is a technology making the shared registry concept from distributed systems a reality for a number of application domains, from the cryptocurrency one to potentially any industrial system requiring decentralized, robust, trusted and automated decision making in a multi-stakeholder situation.
Nevertheless, the actual advantages in using blockchain instead of any other traditional solution such as centralized databases are not completely understood to date, or at least there is a strong need for a vademecum guiding designers toward the right decision about when to adopt blockchain or not, which kind of blockchain better meets use-case requirements, and how to deploy it.
In this article we aim at providing the community with such a vademecum, while giving a general presentation of blockchain that goes beyond its usage in Bitcoin, surveying a selection of the vast literature that emerged in the last few years.