What is zcash..
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draglet GmbH that helps to explore more about a new cryptocurrency called Zcash.Working with cryptographers in the U.S. and Israel; the zerocoin team developed the zerocash protocol, a system for private transactions. On top of the zero cash protocol, they launched a new cryptocurrency called Zcash. For more details Click here.
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In fact, Blockchain is a shared ledger that maintains the whole history of the transactions processed by its users since its creation, so it forms an electronic chain of transactions. This ledger is distributed, and secure, and shared by its users, enabling anyone to check the validity of every transactions. RImarkets- The rise of BitCoin
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A presentation that I did at UL Conference on 29-Sep-2016 on an introduction to bitcoin, digital currencies, and the blockchain.
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I have been presenting blockchain and bitcoin to several companies and audiences in the past 2 years (mostly financial companies).
I started taking notes of their questions as it allows me to reconstruct their thought process while they discover and familiarize themselves with the concepts. These slides have been prepared for investment fund based in Luxembourg. I worked with the Head of Market Research to make the presentation tailored to their needs. Although we tried not to abuse simplifications, we had to gloss over many details and use analogies.
The team was particularly interested in the ecosystems and applications.
Here are the questions I could write down or remember, in their order. Hopefully they will help someone giving similar presentations to similar audiences.
+ Where is actually the blockchain?
+ Do I need all the blocks?
+ How big is it? If the data keeps adding one day it would take *hours* to download
+ In a peer to peer network how are people discovered?
+ Are there people checking all the blocks to verify the transactions? Could i do it?
+ Why do miners would want to do work to validate transactions?
+ Could I mine myself? How?
+ Why am i not mining if i can make 12.5 btc?
+ When does the blockchain ends?
+ What does prevent people from using bitcoin for illegal activities?
+ How could governemnts block it? How can it be shutdown
+ How can transactions be traced? Is it anonymous?
+ Where is the mempool?
+ What prevents everyone to do his own coin?
+ Where does it start? What happens if Satoshi sells its coins? + How was the 21M coins cap decided? Who decided it? Can it be changed?
+ Does the protocol evolve? who modifies it? what happens if some people don't want the modification.
+ If second layers protocols arrive (Lighting) would miners still be required?
+ What is difficulty and why 10minutes per block? Who decides how difficulty is updated? Based on what?
+ Can i do my ICO? How is it done?.
+ Is it legal? How is the crypto business legally recognised.
+ Which countries are more open to blockchain
+ How will governements tax it?
* Credits to Alex Fishers for the PPT template
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Patents are a good information resource for obtaining the state of the art of the blockchain DeFi (Decentralized Finance) technology innovations insights.
Patent information also can provide many valuable insights that can be exploited for developing and implementing new technologies. Patents can also be exploited to identify new product/service development opportunities.
I. Blockchain DeFi Technology Innovation Status
Blockchain DeFi technology innovation entities
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Decentralized Asset/Fund Management
Decentralized Lending and Borrowing
Stable Coin
Decentralized Exchange (DEX)
Decentralized Derivatives
Decentralized Margin Lending and Trading
Non-fungible Token
Decentralized Oracle
Price Discovery
Decentralized Payment
Decentralized Staking Pool
II. Blockchain DeFi Technology Innovation Details
A. Decentralized Exchange (DEX)
automated market maker (AMM)
liquity pool
margin trading
automic swap
price oracle
B. Decentralized Lending and Borrowing
flash loan
Collateralized Debt Position (CDP)
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- Blockchain uses a distributed ledger that is shared across a network of nodes and updated through consensus, eliminating the need for a centralized authority.
- Information stored on the blockchain is hashed and encrypted, providing security. New blocks are added through proof-of-work mining which involves solving computationally difficult puzzles and is incentivized with cryptocurrency rewards.
- Ethereum is a popular platform for building decentralized applications on blockchain through the use of smart contracts, which allow for automated execution of agreements.
- Potential use cases of blockchain include banking,
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More info on Blockchain: https://blockchainhub.net/
Blockchain sue cases for the gambling industry. How Blockchain can make gambling more transparent and provably fair.
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This document provides an overview of blockchain technology. It discusses the evolution from centralized ledgers to distributed ledgers and blockchains. Blockchains can be used to create distributed databases for various applications. Examples of real-world blockchain uses include the Brazilian government processing petitions on Ethereum and banks transferring money between each other using cryptocurrency. However, blockchains also face issues regarding scalability, transaction costs, and high energy consumption. Alternative technologies like IOTA and Hashgraph aim to improve upon blockchain limitations.
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Smart contracts & dApps
More info: https://blockchainhub.net/
Blockchain for Beginners: blockchains are the basis for auto enforceable smart contracts and dApps (decetralized applicatons).
Blockchain and Bitcoin : A Technical Overview
Blockchain is a distributed database that is used to maintain a continuously growing list of records, called blocks. Each block contains a timestamp and a link to a previous block and is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks.Bitcoin is a proven application that runs on BLOCKCHAIN.This ppt gives the reader an over view of the concept of BLOCKCHAIN.The same was presented by self on 20th June 2017 at Gurgaon Commissioner of Police office during Summer Internship Program under aegis of Shri Rakshit Tandon
Blockchain - Use Cases for The Nigerian Economy and Potential Legal Risks
It is not uncommon for people to misconceive the use, relevance or applicability of new and emerging technologies - this has been the case with the Blockchain technology as a lot of people only have a vague or inaccurate understanding of what it really means and what it can do. Some have even gone as far as saying “Blockchain is the future” and “Blockchain will save Nigeria”, etc.
This article presents a practical overview of how the technology works; the potential use cases in the Nigerian economy; the legal risks and the role of regulatory agencies in aiding the adoption and growth of the technology.
Read more below:
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This document defines cryptocurrency and explains the underlying cryptography concepts. It states that cryptocurrency is digital currency created using cryptographic principles and blockchain technology. Cryptography is used to secure information and maintain decentralization in cryptocurrencies. The main encryption methods used are hashing, symmetric cryptography, and asymmetric cryptography. Cryptocurrencies differ from traditional currencies in their creation, transfer processes, and benefits like empowering users, faster transfers, access for unbanked people, reduced corruption, and inflation resistance.
Cryptocurrency tutorial
For more info check out blockchainhub.net. If you are new to cryptocurrency, you will need to understand some basic facts about storing and securing your money. Coins like Bitcoin are stored in the so-called “wallets”. This tutorial will guide you through the first steps of purchasing cryptocurrency.
Are blockchain and crypto interchangeable terms
With the recent crypto bubble engulfing the world, you would have come across two prominent words: Blockchain and Cryptocurrency. Well, when it comes to origin and development then cryptocurrency marks the growth of Blockchain technology.
Crypto currency secrets
This document provides an overview of cryptocurrency and the types available. It discusses what cryptocurrency is, how it works using blockchain technology, how value is determined, and common uses. The top 5 cryptocurrencies - Bitcoin, Ethereum, Litecoin, Monero, and Ripple - are then described in terms of their origins, technologies, advantages, and current values. The goal is to educate readers on getting started with cryptocurrencies from a beginner level.
Blockchain explained
Blockchain workshop PwC March 2018. Explanation of bitcoin and blockchain, Historical analogies, pros and cons, examlples. (Slides don't tell the full story, it included hands on activtiies)
Build your decentralized exchange platform like pancake swap
Brugu is considered one of the simplest crypto development companies within the digital market. we offer diverse 24×7 round with the clock services to our customers. Our high-quality end-to-end services, such as We have the expertise to develop decentralized exchanges on different blockchain platforms like Binance Smart Chain, TRON, EOS, Ethereum, etc.
EDUCATION ON CRYPTOGRAPHY
The document provides an overview of cryptography and cryptocurrency such as Bitcoin. It discusses how cryptography works through encryption and decryption with keys. Cryptocurrency uses cryptography for security and transactions are recorded on a public blockchain. Bitcoin was the first major cryptocurrency and works on a decentralized peer-to-peer network without a central authority. Users can make transactions with minimal fees and Bitcoin can be used to purchase goods and services from many companies.
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Blockchain is a technology dedicated to processing and recording digital transactions in a transparent and secure manner without requiring any central authority.
In fact, Blockchain is a shared ledger that maintains the whole history of the transactions processed by its users since its creation, so it forms an electronic chain of transactions. This ledger is distributed, and secure, and shared by its users, enabling anyone to check the validity of every transactions. RImarkets- The rise of BitCoin
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UL Conference - An Introduction To Bitcoin And The Blockchain
A presentation that I did at UL Conference on 29-Sep-2016 on an introduction to bitcoin, digital currencies, and the blockchain.
Bitcoin and blockchain basics
I have been presenting blockchain and bitcoin to several companies and audiences in the past 2 years (mostly financial companies).
I started taking notes of their questions as it allows me to reconstruct their thought process while they discover and familiarize themselves with the concepts. These slides have been prepared for investment fund based in Luxembourg. I worked with the Head of Market Research to make the presentation tailored to their needs. Although we tried not to abuse simplifications, we had to gloss over many details and use analogies.
The team was particularly interested in the ecosystems and applications.
Here are the questions I could write down or remember, in their order. Hopefully they will help someone giving similar presentations to similar audiences.
+ Where is actually the blockchain?
+ Do I need all the blocks?
+ How big is it? If the data keeps adding one day it would take *hours* to download
+ In a peer to peer network how are people discovered?
+ Are there people checking all the blocks to verify the transactions? Could i do it?
+ Why do miners would want to do work to validate transactions?
+ Could I mine myself? How?
+ Why am i not mining if i can make 12.5 btc?
+ When does the blockchain ends?
+ What does prevent people from using bitcoin for illegal activities?
+ How could governemnts block it? How can it be shutdown
+ How can transactions be traced? Is it anonymous?
+ Where is the mempool?
+ What prevents everyone to do his own coin?
+ Where does it start? What happens if Satoshi sells its coins? + How was the 21M coins cap decided? Who decided it? Can it be changed?
+ Does the protocol evolve? who modifies it? what happens if some people don't want the modification.
+ If second layers protocols arrive (Lighting) would miners still be required?
+ What is difficulty and why 10minutes per block? Who decides how difficulty is updated? Based on what?
+ Can i do my ICO? How is it done?.
+ Is it legal? How is the crypto business legally recognised.
+ Which countries are more open to blockchain
+ How will governements tax it?
* Credits to Alex Fishers for the PPT template
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Dogecoin was created in December 2013 as a fun and friendly digital currency. It quickly gained traction due to its meme-inspired logo and widespread internet culture references. While initially seen as a joke or parody cryptocurrency, Dogecoin has evolved into a legitimate and respected player in the digital asset space.
One of the key aspects that sets Dogecoin apart is its passionate and active community. The Dogecoin community is known for its inclusiveness, friendliness, and willingness to engage in philanthropic activities. From supporting charitable causes to tipping content creators, the community has demonstrated a remarkable sense of camaraderie and generosity.
The technology behind Dogecoin is based on the same blockchain principles as other cryptocurrencies, such as Bitcoin. It operates on a decentralized network, secured by a proof-of-work consensus algorithm. Dogecoin transactions are processed and validated by miners, who use their computational power to solve complex mathematical puzzles. This ensures the security and integrity of the blockchain.
One of the significant advantages of Dogecoin is its fast transaction speed and low fees. The Dogecoin network can process transactions within minutes, making it suitable for quick and efficient transfers of value. The low transaction fees make it attractive for micro-transactions and everyday use, positioning Dogecoin as a viable medium of exchange.
Dogecoin's journey has been marked by several notable achievements. The community has rallied together to support various causes, including sponsoring athletes, funding charitable initiatives, and aiding disaster relief efforts. These philanthropic endeavors have exemplified the power of decentralized communities coming together for positive change.
In recent years, Dogecoin has gained increased mainstream recognition and acceptance. Online retailers, businesses, and even some physical stores have started accepting Dogecoin as a payment method. This growing acceptance showcases the expanding utility and adoption of Dogecoin in real-world applications.
However, it's important to note that investing in Dogecoin, like any other cryptocurrency, carries inherent risks. Cryptocurrency markets are known for their volatility, and prices can fluctuate significantly. It's crucial to conduct thorough research, understand the risks involved, and make informed investment decisions.
Bitcoin technology
Bitcoin is a decentralized digital currency introduced in 2009 that allows for peer-to-peer financial transactions without a central authority. It uses blockchain technology to record transactions through a public ledger maintained by a network of computers. New bitcoins are created through a process called mining where users offer their computing power to verify transactions. Bitcoins can be obtained by mining or in exchange for fiat money, products, or services. Users can send and receive bitcoins electronically through wallet software. The blockchain protects against fraud by requiring digital signatures to validate transactions and cryptographic hashes to prevent modification of ledger entries.
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- 1. We develop Blockchain Apps and Software for Enterprises Transform your business and disrupt your industry with Blockchain technology
- 2. Zcash is a new cryptocurrency, launched in 2016, with the mission of anonymous transactions. Zcash differs from Bitcoin in that transactions can’t be traced on the Zcash network. Instead, Zcash uses an identity masking protocol known as zk-SNARKs, meaning transactions are completely private and anonymous.
- 4. The precursor to Zcash started when Zooko Wilcox began worrying about the privacy of Bitcoin transactions back in 2013. The problem, as Zooko saw it, was that Bitcoin didn’t provide privacy for its transactions. Bitcoin lists all transactions on a Public Blockchain.
- 11. Zcash was established as a private company, not a nonprofit. In 2016, Zcash raised $2 million in private funding to help with development before launch. The Zcash genesis block was mined on 28 October 2016, and Zcash has traded on most major cryptocurrency exchanges ever since.
- 12. Contact Us draglet GmbH Leonrodstr. 68 80636 Munich Germany Enquiries E-Mailinfo@draglet.com Phone+49 89 235 168 07