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All thinks about Cryptocurrency

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All thinks about Cryptocurrency

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Basic information about what is Cryptocurrency ,what are there , benefits of cryptocurrency , how its works through blockchain technology, Crypto Mining ,where the currency can be stored, Uses of cryptocurrency and how to be hacker can hack it and caution about it.

Basic information about what is Cryptocurrency ,what are there , benefits of cryptocurrency , how its works through blockchain technology, Crypto Mining ,where the currency can be stored, Uses of cryptocurrency and how to be hacker can hack it and caution about it.

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All thinks about Cryptocurrency

  1. 1. - Santosh Meka
  2. 2. What is CryptoCurrency?  The CryptoCurrency was launched on 09 January 2009 by Satoshi Nakamoto as Bitcoin. It is the first release of Bitcoin which is the new electronic cash system that uses a peer-to-peer network to prevent double-spending. CryptoCurrency – Next Generation Digital Currency designed to perform the secured transactions using cryptography. Some popular CryptoCurrencies are Bitcoin & Ethereum.  The digital currencies can be exchange & transfer from peer to peer without any intervention of Government, Financial Institutions & Banks.
  3. 3. Bitcoin Ethereum Ripple Litecoin Monero Some Common CryptoCurrencies Are
  4. 4.  Bitcoin: It is the first CryptoCurrency in the world. It was created by Satoshi Nakamoto in 2009.  Ethereum: It is the programmable currency that allows developers to build distributed apps and technologies. It does not support Bitcoin.  Ripple: It is the famous CryptoCurrency which doesn’t use a Blockchain to reach network-wide transactions. It is faster than the Bitcoin & makes it vulnerable to hacker attacks. Litecoin: It is the CryptoCurrency created as the ‘digital silver’. It is the fork of Bitcoin that generate blocks 4 times faster & 4 times the maximum number of coins at 84 mln. Most Common CryptoCurrencies
  5. 5. Balances – Blockchain The Blockchain is the public ledger in which confirmed transactions are saved easily. The currency coin wallet calculates the new transactions & spendable balances which will be verified with the spender coins. The integrity of the Blockchain worked with the cryptography. Transactions- Private Keys The transaction is the transfer of the digital money between the coin wallets that get updated in the Blockchain. The secret information kept in the coin wallets is called private key. It is used to sign the transactions as the mathematical proof to check that the money has come from the wallet owner. How Does CryptoCurrency Work?
  6. 6. Crypto Currency Mining ? Mining using a digital currency miner to solve complex mathematical problems while simultaneously verifying transaction on the digital currency network. By using the specialised mining systems Cryptocurrency mining is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Miner are reward for the each block is generated.
  7. 7. Coinbase is the most popular Bitcoin online exchange in the US. Coinbase It is the US-based CryptoCurrency exchange platform. Poloniex It is the Indian CryptoCurrency online exchange wallet. Zebpay and Unocoin It is the European CryptoCurrency platform. Bitrush It allows to buy Bitcoin with bank transfer & credit cards. Cex.io WazirX is the CryptoCurrency exchange and trading platform WazirX CryptoCurrency Online Exchange Platforms
  8. 8. Cryptocurrency are Stored
  9. 9. CryptoCurrency Market CAP Name Market CAP Price Volume Circulating Supply Bitcoin $ 112,395,304,873 $6,481.57 $ 3,392,559,244 17,340,750 BTC Ripple $ 18,242,034,510 $0.456 $ 266,489,350 39,997,634,397 XRP * Ethereum $ 20,853,842,570 $202.88 $ 1,124,484,697 102,790,874 ETH Bitcoin Cash $ 7,697,544,904 $441.84 $ 242,270,562 16,894,225 BCH Litecoin $ 3,074,595,477 $52.2 $ 278,033,055 58,876,402 LTC TRON $ 1,527,320,833 $0.0232 $ 4,482,870,000 65,748,111,645 TRX *
  10. 10. Bitcoin Legality Map
  11. 11. Fast, Safe and Cheap Easy of use and Highly Portable Untraceable Transparent and Neutral Decentralized Nature Active involvement of Users Fewer risk for Merchant Freedom to transact Low inflation and Collapse risk Why Use CryptoCurrency?

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