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Blockchain Security Attacks, Difficulty, and Prevention

Authors: Amrita Jyoti; Vikash Yadav; Mayur Rahul;

Blockchain Security Attacks, Difficulty, and Prevention

Abstract

: Blockchain technology is increasingly attracting young people because it is so well adapted to the digital age. A decentralised data management system is necessary for the blockchain idea in order to store and share data and transactions throughout the network. This study investigates various types of risks associated with blockchain technology. The research covers different aspects of blockchain, including the architecture, consensus mechanism, smart contracts, and underlying cryptographic algorithms. It also examines the risks associated with the adoption and implementation of blockchain in various industries, such as finance, healthcare, and supply chain management. : Moreover, this study identifies several types of risks, including technical risks, such as scalability, interoperability, and security, as well as non-technical risks, such as regulatory compliance, legal liability, and governance issues. This study also discusses the potential impact of these risks on blockchain-based systems and the strategies that can be used to mitigate them.

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    1
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average