You must be the hearing buzz of crypto currency and blockchain these days. Everybody is body is talking about sky rocketing Bitcoin prices Where as Techies & geeks are going gaga over the block chain. Are you still wondering what Bitcoin & Blockchain? Then your wait is over Look no further click on the below to unravelled the mysteries of the Bitcoin & Blockchain

1. https://www.udemy.com/bitcoin-blockchain-essentials/?couponCode=SLIDESHARE_100

2. Bitcoin is a decentralized digital currency
Bitcoin

3. Bitcoin
which can be transferred to anyone, anywhere in the world via
internet

4. Bitcoin
without any mediation any from central authorities like bank or
government
No Bank or Central Authority

5. • Decentralize - Bitcoin currency is not store at single location, rather it is
store in databases know as ledgers which are spread all over the world
• Digital Currency - Unlike Dollar or Rupee, Bitcoin is digital currency and it
is not present in physical form.
• No Mediator – There is no central authorities governing the transaction
Bitcoin

7. Banking
Bitcoin Address
Account Number
You are owning a bank account , that
bank account is identified by account
number
In order to receive funds you need to
share your bank account number

8. Bitcoin Address
Bitcoin
However the Bitcoin world is
anonymous there is no personal
information stored in the ledger .
No Name , No phone number , No
email etc.
So how do we identity a recipient in the bitcoin world .?

9. Banking
Bitcoin Address
Account Number
Bitcoin
Bitcoin Address
VS
The only way to identity is through bitcoin address
=
Share your bitcoin address in order to receive funds

11. Blockchain
Blockchain is a distributed shared ledger , which keeps tracks , all the digital
transactions

12. Blockchain
Each node keeps a copy of its own ledger and it is continuously updated
with all the transactions happens around the world

13. Blockchain
Transaction's are added to the block , are based on the Conesus algorithm ,
meaning majority of the network has to agree .

14. Blockchain
Blocks are ordered Chronologically

15. • Decentralize - All the transactions are distributed globally
• Immutable -Transaction in the Blockchain cannot be tempered
• Audit Trail – Each and Every transaction in the Blockchain can be
traced back to the starting point
• Data transparency – All the changes that are made to the public
blockchain can be viewed by its participants
Blockchain

16. Keys / Transactions
Cryptography/Digital Signature
Bitcoin Blockchain
Live Examples
Mining
For more information refer
My course @ Udemy covers following things & more
https://www.udemy.com/bitcoin-blockchain-essentials/?couponCode=SLIDESHARE_100