2. 1.a digital currency in which transactions are verified and records maintained by
a decentralized system using cryptography, rather than by a centralized authority.
2."decentralized cryptocurrencies such as bitcoin now provide an outlet for personal
wealth that is beyond restriction and confiscation"
3.
4. • Inflation Protection. Due to inflation, the value of many currencies decline. ...
• Transactional Speed. ...
• Cost Effective Transactions. ...
• Decentralization. ...
• Diversity. ...
• Accessibility. ...
• Safe And Secure. ...
• Transparent.
5. • Security Risks. ...
• Transaction Irreversibility. ...
• Scalability Issues. ...
• Lack of Merchant Adoption. ...
• Network Congestion. ...
• Lack of Trust in Digital Currencies. ...
• The Future of Crypto Adoption. ...
• Final thoughts. Overall, several challenges must be addressed before
cryptocurrencies can become widely adopted by mainstream society.
6. TYPES OF
CRYPTOCURRENCIES
List of Different Types of Cryptocurrencies
• Bitcoin. Ticker Symbol: BTC. Market Cap: Over $435 Billion. ...
• Ethereum. Ticker: ETH. Market Cap: $190 Billion. ...
• Binance Coin (BNB) Ticker: BNB. Market Cap: Over $47 Billion. ...
• Tether. Ticker: USDT. ...
• Cardano. Ticker: ADA. ...
• Polkadot. Ticker: DOT. ...
• Dai. Ticker: DAI. ...
• Tron. Ticker: TRX.