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Crypto Currencies have recently gained enormous popularity amongst the general public. With each passing day, more and more companies are radically accepting crypto cur-rencies in their payment systems, paving way for an economic revolution. Currently more than 700 crypto-currencies are avail-able at Coindesk alone for trade purposes. As of November 2016, the Crypto currencies hold a total market share of over 14 Billion USD1 . With no centralized institution to monitor the movement ofdoi:10.14569/ijacsa.2016.071255 fatcat:gzbg4fcgczdyxpsnz4ggswhioq