This project focuses on designing a secure cryptocurrency-based payment system that uses digital signatures and cryptographic validation. The system ensures transaction authenticity and prevents double-spending in digital currency transactions.
Study cryptocurrency fundamentals and blockchain transaction mechanisms.
Understand digital signature algorithms and wallet security.
Design a simple cryptocurrency wallet interface.
Implement public-private key generation for users.
Create secure transaction signing and verification logic.
Validate transactions before recording them on the ledger.
Simulate block creation and transaction confirmation.
Prevent double-spending through validation rules.
Develop dashboards to display transaction status.
Test system performance with multiple transactions.
Evaluate transaction transparency and security.
Document limitations and scalability considerations.
