these presentation is solely made for people who completely have zero knowledge about Blockchain and Cryptocurrency.
Why Blockchain for Virgins?
During my recent years working in a call center, we normally tag the newbies in the industry as Call Center Virgins so I decided to apply the same thing for Blockchain and Cryptocurrency.
In this Slideshare you will learn:
1. You will learn more about Blockchain Technology
2. You will learn the Basics of Cryptocurrency
3. You will learn how to create a Blockchain Wallet
4. You will learn what is Bitcoin and Ethereum
5. You will learn how to make money on your cryptocurrency
6. You will learn how to convert your coins to cash
7. You will be more confident in your Future
Most of the examples have been tested towards the other people and it works.
feel free to share your thoughts and if you like what you saw, feel free to buy me a coffee.
Enjoy the presentation!
ig@imcryptobabe
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
Blockchain for Virgins
1. BLOCKCHAIN FOR
VIRGINS
T H E E A S I E S T W A Y T O L E A R N B L O C K C H A I N
Veronica Andrino
@imcryptobabe
2. ARE YOU A
BLOCKCHAIN
VIRGIN?
A majority of the people today have no idea about Blockchain
and Cryptocurrency, In some parts of Asia or the world there
are only few people who fully understand the technology and
these are mostly the people who wrote the code and who
started it and a small number of Blockchain Enthusiast or
Cryptocurrency hodlers who follows the trend and trade on a
regular basis.
@imcryptobabe
Blockchain for Virgins
3. B Y T H E E N D O F T H I S
P R E S E N T A T I O N :
You will learn more aboout Blockchain Technology
You will learn the Basics of Cryptocurrency
You will learn how to create a Blockchain Wallet
You will learn what is Bitcoin and Ethereum
You will learn how to make money on your
cryptocurrency
You will learn how to convert your coins to cash
You will be more confident on your Future
MY GOAL:
Blockchain for Virgins
@imcryptobabe
6. Blockchain for Virgins
Blockchain is a Global Ledger or a record of all
transactions that goes in and out of the network.
Think of Blockchain as your Accountant. What your
accountant does is to record all the cash flows and
transactions and to track where the money is coming from
and where it is going.
In Blockchain it is the same although, all transactions are
encrypted and written in codes and it is widely used for the
sole purpose of moving the money or transfering of
payments.
The First Open Source Blockchain is known as BITCOIN.
BLOCKCHAIN = LEDGER
@imcryptobabe
7. Blockchain for Virgins
A spider web is one of the best fit to get a better picture of Blockchain, It
is so delicate yet it can hold more weight The design of the web is based
on what type of spider who created it.
Each and every web is carefully designed by its creator, and the size
varies, though their purpose remains the same.
Why Spider Web?
Spiderweb can hold numerous eggs and can carry the load of the spider
which is 10 folds heavier than the web, it is the same concept with
Blockchain wherein it can hold numerous transactions, data, and DAPPS,
BLOCKCHAIN = SPIDER WEB
@imcryptobabe
8. SPIDER WEB
EGGS
SPIDERS
B L O C K C H A I N I S T H E W E B : S P I D E R S A R E T H E C O I N
H O L D E R S . S P I D E R E G G S A R E T H E D A T A
T R A N S M I T T E D I N T H E N E T W O R K . S O E A C H A N D
E V E R Y T I M E T H E S P I D E R L A Y S E G G S O R C A P T U R E I S
P R E Y I T I S R E C O R D E D O N T O T H E B L O C K C H A I N .
BLOCKCHAIN
CRYPTOCURRENCY
TRANSACTIONS/DATA
Blockchain for Virgins
@imcryptobabe
9. Blockchain for Virgins
Think of how fast is the Trains are and the maximum load or person a
carriage can handle. Now that you see it.
Blockchain will act as The Railways, and The Trains are the
Cryptocurrency and The Passengers in it are The Transactions or data
in that are being moved towards one location to another.
So now the Blockchain is their passage ways of course you need a driver
of your train , and the driver of your train can be a slow driver or a fast
driver which is called the Transaction Speed which is one of the most
important features that a Blockchain Based Cryptos must have, in order
for them to deliver the data faster.
There are now quite a number of Blockchain type of cryptocurrency that
offers faster transaction speed , and security .
BLOCKCHAIN = RAILWAY
@imcryptobabe
12. Crypto currency is Money. It comes from a short
version of Encrypted and Currency meaning coded
virtually and secured cash. Cryptos are also known as
Digital Currency.
When Bitcoin first started back in 2008 they made it
for the sole purpose of transferring payments to
another country without going through the banks.
And Bitcoin is highly untraceable and they can
transfer Bitcoin across the world. Fast and easy.
This is why bitcoin is one of the most controversial
currency back in 2008.
WHAT IS
CRYPTOCURRENCY?
Blockchain for Virgins
@imcryptobabe
13. A total of more or less than 180 Currency such as EURO ,
USA Dollar, Philippine Peso, Japanese Yen, Kuwaiti Dinar,
Hong Kong Dollar, Chinese Yuan, Malaysian Ringgit and
so on are listed on the exchange and considered as legal
tender.
For Cryptocurrency there are over 1600 cryptos listed
on the exchange and growing, all cryptocurrencies are
uniquely made to seve its purpose .
CRYPTO AND CASH
Blockchain for Virgins
@imcryptobabe
15. CRYPTO AND ARCADE
Do you remember TIMEZONE and other Gaming arcade? all of us are spending cash
in exchange for tokens, se we can use it to play here.
Cryptocurrency has the same concept , which I will explain on the next slide.
Blockchain for Virgins
@imcryptobabe
16. CRYPTO= GAME TOKEN
Blockchain for Virgins
@imcryptobabe
We all love Arcades we all played games when we were
kids and til today several mobile apps are made for
entertainment purposes.
Why arcade? Because Cryptocurrency and Tokens are
the Same. The process of getting the tokens is simply by
buying the tokens using your cash at the counter and
once exchanged that token can only be used in their
machines. some games in the arcade accumulates points
which in return you will get a ticket/coupon which you
can redeem toys.
17. KID ARCADE
Blockchain for Virgins
@imcryptobabe
KID GOES TO ARCADE , HE
EXCHANGE HIS CASH TO
TOKENS, HE PLAYS GAME, HE
WON IN THE GAME HE GOT
REWARDED WITH POINTS , NOW
HE CHANGE POINTS FOR TOYS.
CASH TOKEN GAME
WIN GIFT/POINTS REWARD
Same process with Cryptocurrency
18. CRYPTO AND GAME CREDIT
Do you love to play online games? If YES, then you will definitely understand
cryptocurrency and blockchain after reading this.
Blockchain for Virgins
@imcryptobabe
19. PLAYER A GAMES
Blockchain for Virgins
@imcryptobabe
GEMS
You convert your cash to
GEMS for which you use your
Gems for upgrades and in
some games, you can sell
those items and turn it back
to gold/ sell it to the other
players for cash.
UPGRADES
GAME SERVERS BLOCKCHAIN
GAMES DAPPS
GEMS CRYPTOS
UPGRADES PRODUCT
=
=
=
=
To get a better picture about cryptos, the Game Server is the
one managing the Games, it acts as the Blockchain, whereas
the game itself acts as the DAPPS, these are mostly
applications that run through the network. and Gems are the
cryptocurrency that can only be used in the game and
upgrades are the products/ services that the certain crypto
can buy which is the same with cryptocurrencies.
20. YOU EXCHANGE
Blockchain for Virgins
@imcryptobabe
CASH CRYPTOS TRADING
SEND MONEY SHOPPING
You exchange Cash to an Exchange and convert it to Bitcoin
which you can use in trading, shopping, sending money to the
next person anywhere around the globe and he will recieve it in 5
mins to 1 hour depending on the blockchain.
WORLD
TRANSFER
PERSON B
PROCESS OF CRYPTOS AND ITS USAGE
21. CRYPTO= MEMBERSHIP CARD
Blockchain for Virgins
@imcryptobabe
Loyalty Programs offers the exact same concept of
Digital currency, The process is the Mall will ask us to
Sign up a form and enter our details on their database
and they will take a copy of our ID and start encoding us
to their system and after a few minutes we will have our
card. Now that we have the rewards card, we can now
start earning points everytime we shop and in return the
points we gathered will be used at the same shop, either
we get discounts or 1 point is equivalent to a certain
price.
Now that same process applies with Cryptocurrency.
and on the next slide you will see how it works.
22. SIGN UPSTORE REWARD CARD SHOPPING POINTSDATABASE
Blockchain for Virgins
@imcryptobabe
STORE = Company
Form= KYC (know your customer)
Database= Blockchain
Shopping =Token Mining Process
Reward Points = Smart Tokens or ERC20
Token
Reward Card = E-wallet to store
Cryptocurrency
Cryptocurrency is the Final Product.
refer to pg 18 for process of using
cryptos
How does it work?
Every Store offers their own membership
card which stores points that can only be
used and redeem on their store.
this have a similar idea with
cryptocurrency although the difference is
that with cryptocurrency you can convert
those coins to cash. which will be on the
next slide.
23. Blockchain for Virgins
@imcryptobabe
COMPANY KYC BLOCKCHAIN
WALLET
SMART
TOKENS
MINING
CRYPTO
SIMPLIFIED PROCESS OF MINING TOKENS TO CRYPTOS
A company will launch a coin and some of them will ask you to
signup and create a profile on their website some don't,
Now they will give you Tokens which will be locked for a certain
period of time. The process of converting the smart tokens is
through Virtually Mining it and converting it to cryptocurrency
and that cryptocurrency can be used depends on what it was
made for, it can be for shopping to their merchant platform,
tickets, events, rewards, payment for services and more. this is
the basic idea of cryptocurrency. It was made to promote
functionality and a payment solution for the company that offers
their services to people.
25. WHERE TO STORE YOUR COINS?
Veronica Andrino
Blockchain for Virgins
@imcryptobabe
26. A wallet is where you store your coins, different platform offers their own set of Ewallet but for
now we will use blockchain.com , so you can start storing your Bitcoin and Ethereum.
CREATE A WALLET HERE AT BLOCKCHAIN.COM
Blockchain for Virgins
@imcryptobabe
Add a little bit of body text
27. A wallet is where you store your coins, different platform offers their own set of Ewallet but
for now we will use blockchain.com , so you can start storing your Bitcoin and Ethereum.
CREATE A WALLET HERE AT BLOCKCHAIN.COM
Blockchain for Virgins
@imcryptobabe
28. You can also download the app on Google Playstore or AppStore.
ANY QUESTIONS? FEEL FREE TO ASK ME.
Blockchain for Virgins
@imcryptobabe
29. Blockchain for Virgins
@imcryptobabe @veronicaandrino
FOLLOW ME
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