lib_coin

A simple, local blockchain implementation created for educational purposes to demonstrate the fundamental concepts of blockchain technology. This project is built from scratch with no networking capabilities... yet!

Core Features

• Proof of Work: Utilizes a PoW consensus mechanism.
• ECDSA Signing: Ensures transaction integrity and authenticity through Elliptic Curve Digital Signature Algorithm.
• Merkle Trees: Employs Merkle trees to ensure the integrity of the balance model.
• Ethereum-style Balance Model: Implements an account-based balance model, similar to Ethereum, rather than Bitcoin's UTXO model.

Roadmap

The next major step for this project is to evolve it into a distributed blockchain. The plan is to add networking capabilities using Boost.Asio to allow nodes to communicate and maintain a decentralized ledger.

How to Build

1. Clone the repository:

   git clone https://github.com/ishnbl/lib_coin.git
   cd mybtc

2. Create a build directory:

   mkdir build
   cd build

3. Run CMake and build:

   cmake ..
   make

4. Run the executable: The executable, named mybtc, will be located in the build directory.

   ./mybtc