The Smart Performance Analysis of Cyber Security Issues in Crypto Currency Using Blockchain

Crypto currency is subject to persistent and dynamic cyber security risks. As with all types of online assets, digital wallets, exchanges and even individual user accounts are often subject to both malicious attacks and other vulnerabilities. Blockchain technology, due to its distributed nature, is more secure and provides a strong platform on which to build digital currency platforms. This paper seeks to examine the performance of Blockchain technology for improving the security of crypto currency transactions. To assess the system's performance in this regard, we conduct a series of tests to evaluate the system's resilience against various types of attacks, including distributed denial of service (DDoS) and other specialized cyber attacks. We assess the performance of various cyber security measures employed by the crypto currency and Blockchain platforms, including multi-signature wallets, distributed identity solutions, and data encryption approaches. The proposed model achieved 86.82 % hit rate, 87.05%miss rate and 88.57% fall out. Our results, based on an extensive empirical study of crypto currency transactions and Blockchain records, indicate that Blockchain technology significantly enhances the security of crypto currency transactions compared to other technologies. Our findings offer quantitative evidence that Blockchain-secured crypto currency networks are less vulnerable to attack than conventional payment systems.