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. 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. 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. 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. 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
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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
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9. Abinash rout
Top 10 Crypto Currencies in 2016
• Bitcoin
• BlackCoin
• Dash
• Dogecoin
• Litecoin
• Name coin
• Nxt
• Percoin
• Prime Coin
• Ripple
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10. Abinash rout
Benefits of Crypto Currency
10
• Mutual Exposure
• International use
• Customer Anonymity
• No Surprise Fees or Waiting Periods
• Improving Reputation
11. “
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Lack of Awereness And
Understanding
Risk of Volatility
Stil Developing
11
Disadvantages of Crypto
Currency
