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By Raju Samanta
Roll_No -039
CRYPTO CURRENCY
CONTENTS
Sl No Topic Slide No
01 What is Cryptocurrency? 3
02 Conventional Currency Vs Digital Currency? 4
03 Why use Cryptocurrency? 5
04 Risk 6
05 Types of Cryptocurrency? 7
06 Example: Bitcoin 8
07 Bitcoin technology 9
09 Conclusion 10
10 Reference 11
What is Crypto currency?
A cryptocurrency is a digital asset
designed to work as a medium of
exchange using cryptography to secure
the transaction and to control the
creation of additional units of the
currency.
Conventional Currency Vs Digital Currency
Specifications Conventional Currency Cryptocurrency
Type Real Virtual
Intermediates Yes No
(Peer-to-Peer)
Portability Yes
(Except heavy cash)
Highly Portable
Durable Moderate Highly durable
Acceptance National Global
(throughout the internet)
Secure Moderate High
Scarce Low High
Sovereign
(Government issued)
Yes No
Decentralized No
(Central Bank Control)
Yes
(Controlled by complex math)
Smart(Programable) No Yes
Why we use Crypto Currency?
❑ Fast, safe and cheap
❑ Ease of use and highly portable
❑ Untraceable(pseudo-anonymous
transactions)
❑ Transparent and nature
❑ Active involvement of users
❑ Fewer risks for merchants.
❑ Freedom to transact
❑ Low inflation and collapse risk
Risk
❑ Hackers:
Cryptocurrencies are targets for highly sophisticated hackers, who have been
able to breach advanced security systems.
❑ Fewer Protections:
If you trust someone else to hold your cryptocurrencies and something gone
wrong, that company may not offer you kind of help you expect from a bank or
debit or credit card provider.
❑ Cost:
Cryptocurrencies can cost consumers much more to use than credit cards or
even regular cash, often due to price validity.
❑ Scams:
Fraudsters are talking advantage of the hype surrounding virtual currencies
to cheat people with fake opportunity.
❑ Lack of transparency:
The anonymous nature of Cryptocurrencies make transparency and
accountability difficult for consumers seeking to ensure the safety of their
investments.
Types of Crypto Currencies
Name Coin Peer Coin Lite Coin Bit Coin
Infinite Coin Mega Coin Feather Coin Nova Coin
18%
62%
1%
5%
4%
3%
2% 2%
2% 1%
Contribution
Ethereum (ETH) Bit Coin(BTC) Lite Coin (LT)
Binance Coin( BNB) Tether(USDT) XRP (XRP)
Cardano(ADA) Dogecoin Polkadot(DOT)
Uniswap(UNI)
EXAMPLE
Bitcoin is a first decentralized digital currency, without a central bank or single
administrator, that can be sent from user to user on the peer-to-peer bitcoin network
without the need for intermediaries.
❑ The cryptocurrency was invented in 2008 by an unknown person or group of
people using the name ”Satoshi Nakamoto.”
❑Both a Currency and an electronic payment system.
❑ 21 million Bitcoins.
❑ Completely Open source.
❑1 BTC = $ 64,698.10
Bit Coin
BITCOIN TECHNOLOGY
❑ Distributed ledger technology
❑ Mining
❑ Mining hardware
❑ Mining Software
❑ Block chain
❑ Bitcoins wallets
Conclusion
Cryptocurrency is an impressive technical achievement, but it remains a monetary
experiment. Even if cryptocurrencies survive, they may not fully displace fiat currencies. As
I have tried to show in this presentation, they provide an interesting new perspective from
which to view economic questions surrounding currency governance, the characteristics of
money, the political economy of financial intermediaries, and the nature of currency
competition.
1900s Today
1800s
1. https://www.slideshare.net
2. https://en.wikipedia.org/wiki/Bitcoin
3. https://statisticsanddata.org/data/top-10-
cryptocurrency-2021-to-invest/
Reference
THANK YOU FOR WATCHING

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Crypto currency

  • 1. By Raju Samanta Roll_No -039 CRYPTO CURRENCY
  • 2. CONTENTS Sl No Topic Slide No 01 What is Cryptocurrency? 3 02 Conventional Currency Vs Digital Currency? 4 03 Why use Cryptocurrency? 5 04 Risk 6 05 Types of Cryptocurrency? 7 06 Example: Bitcoin 8 07 Bitcoin technology 9 09 Conclusion 10 10 Reference 11
  • 3. What is Crypto currency? A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transaction and to control the creation of additional units of the currency.
  • 4. Conventional Currency Vs Digital Currency Specifications Conventional Currency Cryptocurrency Type Real Virtual Intermediates Yes No (Peer-to-Peer) Portability Yes (Except heavy cash) Highly Portable Durable Moderate Highly durable Acceptance National Global (throughout the internet) Secure Moderate High Scarce Low High Sovereign (Government issued) Yes No Decentralized No (Central Bank Control) Yes (Controlled by complex math) Smart(Programable) No Yes
  • 5. Why we use Crypto Currency? ❑ Fast, safe and cheap ❑ Ease of use and highly portable ❑ Untraceable(pseudo-anonymous transactions) ❑ Transparent and nature ❑ Active involvement of users ❑ Fewer risks for merchants. ❑ Freedom to transact ❑ Low inflation and collapse risk
  • 6. Risk ❑ Hackers: Cryptocurrencies are targets for highly sophisticated hackers, who have been able to breach advanced security systems. ❑ Fewer Protections: If you trust someone else to hold your cryptocurrencies and something gone wrong, that company may not offer you kind of help you expect from a bank or debit or credit card provider. ❑ Cost: Cryptocurrencies can cost consumers much more to use than credit cards or even regular cash, often due to price validity. ❑ Scams: Fraudsters are talking advantage of the hype surrounding virtual currencies to cheat people with fake opportunity. ❑ Lack of transparency: The anonymous nature of Cryptocurrencies make transparency and accountability difficult for consumers seeking to ensure the safety of their investments.
  • 7. Types of Crypto Currencies Name Coin Peer Coin Lite Coin Bit Coin Infinite Coin Mega Coin Feather Coin Nova Coin 18% 62% 1% 5% 4% 3% 2% 2% 2% 1% Contribution Ethereum (ETH) Bit Coin(BTC) Lite Coin (LT) Binance Coin( BNB) Tether(USDT) XRP (XRP) Cardano(ADA) Dogecoin Polkadot(DOT) Uniswap(UNI)
  • 8. EXAMPLE Bitcoin is a first decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. ❑ The cryptocurrency was invented in 2008 by an unknown person or group of people using the name ”Satoshi Nakamoto.” ❑Both a Currency and an electronic payment system. ❑ 21 million Bitcoins. ❑ Completely Open source. ❑1 BTC = $ 64,698.10 Bit Coin
  • 9. BITCOIN TECHNOLOGY ❑ Distributed ledger technology ❑ Mining ❑ Mining hardware ❑ Mining Software ❑ Block chain ❑ Bitcoins wallets
  • 10. Conclusion Cryptocurrency is an impressive technical achievement, but it remains a monetary experiment. Even if cryptocurrencies survive, they may not fully displace fiat currencies. As I have tried to show in this presentation, they provide an interesting new perspective from which to view economic questions surrounding currency governance, the characteristics of money, the political economy of financial intermediaries, and the nature of currency competition. 1900s Today 1800s
  • 11. 1. https://www.slideshare.net 2. https://en.wikipedia.org/wiki/Bitcoin 3. https://statisticsanddata.org/data/top-10- cryptocurrency-2021-to-invest/ Reference
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