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Introducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic Currencies

Gave this presentation at WebCamp KL when working on DC Bank, which has now become the Betanomics.asia Project

1 of 40
Introducing Bitcoin
The (Mostly) Visual-Guide to Cryptographic Currencies
But before we begin,
I would like to make a confession
Introducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic Currencies
Huh? Bitcoin?
What are those?
Bitcoin is the World’s 1st
OpenSource Decentralized Digital Cryptographic Currency
CAN YOU SAY THAT AGAIN IN ENGLISH …?
Bitcoin is an OPEN SOURCE peer-to-peer protocol, server and client
Clients and servers are used to calculate CRYPTOGRAPHIC puzzles
With computing power, solving these puzzles provides DIGITAL proof
As a COMMODITY, this proof of work can then be anonymously traded
Chains of verified transactions are DECENTRALIZED by the network
Supply and demand provides VALUE and allows for SPECULATION
( please note the lack of currency in this explanation )

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