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Bcse328l Cryptocurrency-Technologies TH 1.0 70 Bcse328l

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Bcse328l Cryptocurrency-Technologies TH 1.0 70 Bcse328l

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Agenda Item 65/39 - Annexure - 35

BCSE328L CRYPTOCURRENCY TECHNOLOGIES L T P C


3 0 0 3
Pre-requisite NIL Syllabus version
1.0
Course Objectives
1. To introduce the cryptocurrency concepts and techniques used in business transactions.
2. To provide skills and knowledge about operations and management in cryptocurrency
technologies applied in large scale business.
3. To develop own cryptocurrencies that meets the business and customer needs.

Course Outcome
After completion of this course, the student shall be able to:

1. Understand the evolution, principles and benefits of cryptocurrencies.


2. Assess existing technologies to choose an appropriate technology that meets business
needs.
3. Implement the scripting foundations to cater the needs of generating own
cryptocurrencies.
4. Decide a suitable model to capture the business needs by interpreting different crypto
primitives.
5. Infer the various bitcoin related security and privacy issues and building own
cryptocurrencies.

Module:1 Fundamentals of Cryptocurrency 7 hours


Cryptocurrency - Origin and Importance - Legal Status - Usage of Cryptocurrency -
Blockchain Structure - Interaction between Blockchain and Cryptocurrencies - Importance
and uses of Cryptocurrency - Hardware and Software requirements of Block chain.
Module:2 Functional Aspects of Cryptocurrency 8 hours
Bitcoin and other Cryptocurrencies - Distributed consensus and atomic broadcast -
Alternatives to Bitcoin consensus - Alternative coins - Byzantine fault-tolerant consensus
methods - Blockchain based cryptocurrency and its applications - Technologies borrowed in
Blockchain.
Module:3 Bitcoin Scripting 5 hours
Bitcoin scripting language and their uses - Transactions - Signatures - Pay to script hash -
Segregated Witness - Pay To Multi-signature - Storing Data - Timelocks - Hash Time-Locked
Contracts - Atomic Swaps - Payment Channels.

Module:4 Crypto Primitives for Cryptocurrency 5 hours


Hash functions - Puzzle-friendly Hash - Collison resistant hash - Hash pointers and digital
signatures - public key crypto - verifiable random functions - Zero-knowledge systems -
Bitcoin Blockchain - Interaction with the blockchain - Elliptic curve cryptography in blockchain
- SHA-256.
Module:5 Security & Privacy Issues in 4 hours
Cryptocurrency
Building a Secure Bitcoin payment system - Building a Secure payment gateway - Compiling
Bitcoin from source new cryptocurrency - Cloning Bitcoin - Reader coin rebranding -
Securing Peer-to-Peer Auctions in Ethereum - Applications of blockchain in cyber security.
Module:6 Building Own Cryptocurrency 7 hours
Coding Own Cryptocurrency on Ethereum - Building ERC-20 Token - Integrity of information
- E-Governance and other contract enforcement mechanisms - Limitations of blockchain -
Myths vs. reality of blockchain technology.
Module:7 Future Directions of Cryptocurrency 7 hours

Proceedings of the 65th Academic Council (17.03.2022) 1050


Agenda Item 65/39 - Annexure - 35

Smart Property - Efficient micro-payments - Coupling Transactions and Payment


(Interdependent Transactions) - Public Randomness Source Prediction Markets - Escrow
transactions - Green addresses - Auctions and Markets - Multi-party Lotteries.
Module:8 Contemporary Issues 2 hours

Total Lecture hours: 45 hours

Text Book
1. Daskalakis, Nikos, and Panagiotis Georgitseas. An Introduction to Cryptocurrencies:
The Crypto Market Ecosystem, 2020, 1st Edition, Routledge, New York.
Reference Books
1. Grabowski, Mark. Cryptocurrencies: A Primer on Digital Money, 2019, 1st Edition,
Routledge, New York.
2. Narayanan, Arvind, et al. Bitcoin and cryptocurrency technologies: a comprehensive
introduction, 2016, 1st Edition, Princeton University Press, New Jersey.
Mode of Evaluation: CAT / written assignment / Quiz / FAT
Recommended by Board of Studies 04-03-2022
Approved by Academic Council No. 65 Date 17-03-2022

Proceedings of the 65th Academic Council (17.03.2022) 1051

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