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Crypto currency Ppt Presentation

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Crypto currency Ppt Presentation

  1. 1. “NAME ABINASH ROUT COURSE MSc(Comp.Sc) ROLL 01 TOPIC CRYPTOCURRENCY
  2. 2. CRYPTOCURRENCY T H E D I G I T A L C U R R E N C Y
  3. 3. Abinash rout CONTAINS • What is Cryptocurrency? • Idea of Cyyptocurrency • Why we use Crypto currency • Mining • Charactristics of Crypto Currencies • 10 Crypto Currencies in 2018 • Benefits of Crypto Currency • Disadvantages of Crypto Currency • Diffreence between Crypto Currency • Top 10 Crypto Currency
  4. 4. Abinash Rout Idea of Crypto Currency • B i t c o i n m a y b e t h e T C P / I P o f m o n e y . • I d o t h i n k i s t h e f i r s t t h a t h a s t h e p o t e n t i a l t o d o s o m e t h i n g l i k e c h a n g e t h e w o r l d . • B i t c o i n w i l l d o t o b a n k s w h a t e m a i l d i d t o t h e p o s t a l i n d u s t r y . • B i t c o i n a c t u a l l y h a s t h e b a l a n c e a n d i n c e n t i v e r i g h t , a n d t h a t i s w h y i t i s s t a r t i n g t o t a k e o f f
  5. 5. Crypto Currency • Simply Crypto Currency means digital currency • A medium of exchange like normal currencies • Design for the purpose of exchanging digital information • Exchanging process made possible by certain principle of Cryptography . • Cryptography • Used to secure transactions • Control the creation of new coins Abinash rout
  6. 6. Why we use crypto Currencies ? • Specially designed to take advantages of the architecture oof the internet’ • Tranaction are cheackes ,or “confirmed “by the computers of the user on the currency’s network • Computers that verify the transactions receives a small amount of currency as a reward . Abinash Rout
  7. 7. Mining • Process of adding transaction records to public ledger of past transactions or block chain • Ledger of past transactions – block chain • The block chain to confirm transactions to the rest of the network as having take palce • Use the block chain to distinguished legitmate transactions from attempts to re –spend coins that have already been spent elseware Abinash rout 7
  8. 8. Charactristics Of CRYPTOCURRENCIES • Use a number different algorithms • Traded in different ways • Main charactristics that should concider by the customer are; • Market capitalization and Daily trading volume • Verification Method • Retailer acceptance Abinash rout 8
  9. 9. Abinash rout Top 10 Crypto Currencies in 2016 • Bitcoin • BlackCoin • Dash • Dogecoin • Litecoin • Name coin • Nxt • Percoin • Prime Coin • Ripple 9
  10. 10. Abinash rout Benefits of Crypto Currency 10 • Mutual Exposure • International use • Customer Anonymity • No Surprise Fees or Waiting Periods • Improving Reputation
  11. 11. “ Abinash rout  Lack of Awereness And Understanding Risk of Volatility Stil Developing 11 Disadvantages of Crypto Currency

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