1.
By Chetan Thakre

2.
Something about me?
 A cybersec enthusiast.
 A budding programmer.
 A dancer.
 And the founder of Neo’s foundation.

3.
Overview
 Introduction to Bitcoin
 How Bitcoin works ?
 What are the different types of wallets?
 How to choose your wallet ?
 How to manage them

4.
Introduction to
Bitcoin
First decentralized digital
currency.
Introduced in 2008 by Satoshi
Nakamoto.
peer to peer payment system.
Also called Crypto-currency.

5.
How Bitcoin Works ?
 Balances – Block chain
 Transactions - Private keys
 Processing – Mining

6.
Balances – Block chain
 It is a shared public ledger.
 The whole Bit-coin network relies on it .
 It includes all the confirmed transactions.

7.
Transactions – Private keys
 A transfer of value between bitcoin
wallets that gets included in the block
chain.
 First transaction in a bitcoin is a special
transaction it start a new coin.
 Bitcoin wallet keeps a secret piece of
data which is called private key or seed
which is used to sign transactions.

8.
Processing - Mining
 Required for the existence of bitcoin
network and generation of new bitcoins .
 It enforces a chronological order in the
block chain, protects the neutrality of the
network, and allows different computers
to agree on the state of the system.

9.
Bitcoin faucet :-
 Was developed by Galvin Anderson in
2010.
 Bitcoin faucet are a reward system in
the form of a web or an application, that
dispenses rewards in the form of satoshi
which is a hundreds of a millionth BTC.

10.
Top list of bitcoin faucets :-
 1. Milli – The best faucet around :)
 2. Bitcoin Aliens: Have fun, earn money
 3. Bonus Bitcoin
 4. BitcoinZebra
 5. Bitcoinker
 6. Robot Coin: Become the champion,
become rich
 7. Wonderland Coin: Feed critters, feed
your wallet

11.
What is a bitcoin wallet :-
 A bitcoin wallet resembles to your bank
account.
 It lets you send, receive and store
bitcoins.
 A wide variety of wallets are available
over the internet.

12.
Categories of bitcoin wallets
:-
 Hot and Cold wallets
 Desktop wallets
 Mobile wallets
 Hardware wallets
 Physical wallets

13.
How to secure your wallet :-
 be careful with any online services
designed to store your money online.
 Small amount for everyday uses
 Backup your wallets
 Encrypt online backup
 Use offline wallets for saving
 Encrypt your wallet too.
 Multi-signature to protect against theft

14.
Any question?