details about cryptocurrency Author name: Abdullah Al Mamun

1. WELCOME TO OUR PRESENTATION

2. GROUP MEMBER:
• 1.Abdullah Al Mamun Id:151-15-5163
• 2.Mohibbullah Shafi Id:151-15-4667

3. OUR PRESENTATION TOPIC IS CRYPTOCURRENCY

4. WHAT IS CRYPTOCURRENCY:
• Simply A crypto currency is a digital currency.
• Medium of exchange like normal currencies.
• Crypto currencies are classified as a subset of digital currencies and are also
classified as a subset of alternative currencies and virtual currencies.

5. WHAT IS THE PURPOSE OF CRYPTO
CURRENCY?
• A crypto-currency is a medium of exchange like normal currencies such as
USD, but designed for the purpose of exchanging digital information through
a process made possible by certain principles of cryptography.
• Cryptography is used to secure the transactions and to control the creation of
new coins.

6. CHARACTERISTICS OF CRYPTO CURRENCIES
• Use a number of different algorithms
• Traded in different ways
• Main characteristics that should consider by the customer are ;
Market capitalization and Daily trading volume
Verification Method
Retailer acceptance

7. MINING
• Mining programs tap into your computer's hardware resources and put them
to work mining Bit-coin, Lit coin, or another type of crypto-currency.
• And no, even if your hardware is used to generate money for them, you don't
get any of it.
• They get all the money from putting your hardware to work

8. HOW DO CRYPTO-CURRENCIES WORK?
• Crypto-currency is an encrypted decentralized digital currency transferred
between peers and confirmed in a public ledger via a process known as
mining.
• First, let's review the basics and essentials of cryptocurrency, and then we
will do an overview of the other properties that have made crypto-currency
what it is today.

9. TOP 10 CRYPTO CURRENCIES IN 2018
• Bit-coin (2009)
• Black-Coin (2014)
• Dash(2015)
• Doge-coin (2013)
• Lite-coin (2011)
• Name-coin (2011)
• Nxt (2013)
• Peer-coin (2012)
• Prime-coin (2013)
• Ripple(2013)

10. BENEFITS OF CRYPTO CURRENCY
• Easy to carry.
• Simple, Fast, Safe & Cheap.
• Low inflation & Collapse Risk.
• Untraceable.
• Access to Everyone.
• Decentralization Nature.

12. DISADVANTAGES OF CRYPTO CURRENCY
• Lack of Awareness and understanding.
• Risk of Volatility.
• Still Developing

13. Why Bangladesh bank does not eager to initiate bitcoin in
bd?
Bangladesh Bank has banned the use of Bitcoin, a virtual cryptocurrency. Because
of the transaction of virtual currencies online with any unnamed or pseudo named
peer may cause a violation of the above-mentioned acts and lead clients to face
various financial and legal risks. Under the circumstances, the citizens have been
asked to refrain from performing, assisting and advertising all kind of transactions
through the virtual currencies like Bitcoin to avoid financial and legal damages

14. Thank You
Sir