Heard that bitcoin value doubled again? or new cryptocurrency IPO’s are taking over the stock market! Well, cryptocurrency is just the tip of the iceberg. Blockchain technology is a lot more than just cryptocurrency and can revolutionize almost everything which surrounds us. This presentation will help you grab a quick introduction to Bitcoin, Blockchain and Cryptocurrency

1. An Introduction to Bitcoin,
the Blockchain, & Cryptocurrency
Simple, Digestible & Understandable Version

2. Bitcoin is a distributed system which
implements a blockchain-based
cryptocurrency
Source: What is blockchain technology and how does it works

3. Bitcoin is [unfortunately] ALSO the name of
the tokens used on the Bitcoin network

4. Ethereum is a distributed system which
implements a blockchain-based
cryptocurrency

5. ‘Ether’ is the name of the tokens used on
the Ethereum network

6. Cryptocurrency
Digital asset designed to work as a medium of
exchange using cryptography to secure the
transaction
Source: https://en.wikipedia.org/wiki/Cryptocurrency

7. Signed Transactions
Blocks
Blockchain
Mining

8. Crypto[graphy] currency
Signed currency
Source: https://en.wikipedia.org/wiki/Cryptocurrency

9. Crypto[graphy] currency
Signed currency

10. Digital signatures
• Scheme for demonstrating the authenticity of digital messages or
documents.
• A valid digital signature gives a recipient reason to believe that
 the message was created by a known sender (authentication)
 that the sender cannot deny having sent the message (non-repudiation)
 and that the message was not altered in transit (integrity).
Source: https://en.wikipedia.org/wiki/Digital_Signature

11. Digital Signatures Functions
createSignature(message, privateKey) => signature
checkSignature(message, signature, publicKey) = ƴ / Ƶ
Source: https://en.wikipedia.org/wiki/Digital_Signature

12. Where do we put them?

13. Blockchain
…continuously growing list of records, called
blocks, which are linked and secured using
cryptography

14. Blockchain
• Bitcoin Explorer - https://blockexplorer.com
• Ethereum Explorer - https://etherscan.io/

15. Thanks for Watching!
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