Bitcoin has caught the world by storm and is making headlines; it's the most successful and famous—or infamous, depending on whom you speak to—decentralized cryptocurrency. Bitcoin is regarded as an "anonymous" online cash substitute. SilkRoad, an illegal marketplace on the Tor network, which has been shut down, accepted Bitcoin as payment for illicit goods or services. Since gaining popularity, some websites and brick and mortar stores accept Bitcoins for payment. It has also gained vast public attention for climbing to unforeseen heights as its value rose well above everyone's expectations.
Bitcoin assigns individuals addresses to store their Bitcoins. These users can send or receive Bitcoins by specifying the address they would like to use. In Bitcoin, addresses are represented as 34 case-sensitive alphanumeric characters...
