Introduction to Cryptocurrency - Examples - How Do I Buy Cryptocurrency In Ca...Bitcoin Wallet Canada
Cryptocurrencies don`t have a vital issuing or regulating authority, but rather the usage of a decentralized gadget to document transactions and difficult new units. Read more on how do I buy cryptocurrency in Canada in this article.
Cryptocurrency has come a long way since the introduction of Bitcoin, and its future appears bright. As the crypto market continues to mature and evolve, algorithmic trading software plays a crucial role in shaping the landscape of crypto trading. It offers traders speed, efficiency, and precision, making it an essential tool for both individual and institutional investors. While there are risks associated with algorithmic trading, its benefits in terms of automation, risk management, and scalability make it a valuable addition to the world of cryptocurrency. As regulatory frameworks and technological advancements continue to develop, the synergy between cryptocurrency and algorithmic trading software is likely to drive further growth and innovation in the financial industry.
Creating a presentation on cryptocurrency for a university setting is a great idea. Here's an outline and some key points you can include in your presentation:
**Slide 1: Title**
- Title: "Cryptocurrency: Decoding the Future of Finance"
**Slide 2: Introduction**
- Briefly introduce the topic.
- Mention the growing interest in cryptocurrencies.
- State the purpose of your presentation.
**Slide 3: What is Cryptocurrency?**
- Define cryptocurrency as a digital or virtual form of currency using cryptography.
- Mention decentralization and blockchain technology.
**Slide 4: History of Cryptocurrency**
- Discuss the origin of cryptocurrency with Bitcoin in 2009.
- Mention Satoshi Nakamoto and the whitepaper.
**Slide 5: How Cryptocurrency Works**
- Explain the basics of blockchain technology.
- Describe transactions and the role of miners.
**Slide 6: Popular Cryptocurrencies**
- Mention Bitcoin, Ethereum, and a few other notable cryptocurrencies.
- Provide a brief overview of their use cases.
**Slide 7: Benefits of Cryptocurrency**
- Discuss advantages like security, transparency, and low transaction fees.
- Include potential for financial inclusion.
**Slide 8: Risks and Challenges**
- Talk about volatility and price fluctuations.
- Address regulatory and security concerns.
- Discuss scams and fraud.
**Slide 9: Wallets and Exchanges**
- Explain the concept of digital wallets.
- Mention cryptocurrency exchanges where users can buy, sell, and trade.
**Slide 10: Initial Coin Offerings (ICOs)**
- Describe what ICOs are and how they work.
- Mention the risks associated with ICO investments.
**Slide 11: Cryptocurrency Regulation**
- Discuss the global regulatory landscape.
- Highlight examples of countries with favorable and unfavorable regulations.
**Slide 12: Real-World Use Cases**
- Talk about how cryptocurrencies are being used, including remittances, online purchases, and more.
- Highlight blockchain applications like smart contracts.
**Slide 13: Investment and Volatility**
- Explain the investment aspect of cryptocurrencies.
- Mention HODLing and trading strategies.
- Emphasize the need for careful investment due to volatility.
**Slide 14: Future of Cryptocurrency**
- Discuss the potential impact on traditional finance.
- Mention developments in central bank digital currencies (CBDCs).
- Address the role of cryptocurrencies in a digital economy.
**Slide 15: Conclusion**
- Summarize key points from your presentation.
- Encourage questions and discussions.
**Slide 16: Q&A**
- Open the floor for questions and discussions.
**Slide 17: Thank You**
- Thank your audience for their attention.
- Provide your contact information for further inquiries.
Remember to include visuals, graphs, and real-life examples to make your presentation engaging and informative. Additionally, keep up to date with the latest developments in the cryptocurrency space to provide accurate and current information. Good luck with your presentation!
In an era of rapid technological advancements, understanding cryptocurrencies is no longer optional; it's a necessity. Our guide is meticulously designed to cater to both beginners and seasoned investors, offering insights, strategies, and practical advice that will empower you to make informed decisions in this dynamic market.
Our Comprehensive Cryptocurrency Guide is your passport to the exciting and potentially lucrative world of digital assets. Whether you're looking to invest, trade, or simply broaden your financial knowledge, our guide will equip you with the skills and confidence you need to thrive in the cryptocurrency landscape.
Introduction to Cryptocurrency - Examples - How Do I Buy Cryptocurrency In Ca...Bitcoin Wallet Canada
Cryptocurrencies don`t have a vital issuing or regulating authority, but rather the usage of a decentralized gadget to document transactions and difficult new units. Read more on how do I buy cryptocurrency in Canada in this article.
Cryptocurrency has come a long way since the introduction of Bitcoin, and its future appears bright. As the crypto market continues to mature and evolve, algorithmic trading software plays a crucial role in shaping the landscape of crypto trading. It offers traders speed, efficiency, and precision, making it an essential tool for both individual and institutional investors. While there are risks associated with algorithmic trading, its benefits in terms of automation, risk management, and scalability make it a valuable addition to the world of cryptocurrency. As regulatory frameworks and technological advancements continue to develop, the synergy between cryptocurrency and algorithmic trading software is likely to drive further growth and innovation in the financial industry.
Creating a presentation on cryptocurrency for a university setting is a great idea. Here's an outline and some key points you can include in your presentation:
**Slide 1: Title**
- Title: "Cryptocurrency: Decoding the Future of Finance"
**Slide 2: Introduction**
- Briefly introduce the topic.
- Mention the growing interest in cryptocurrencies.
- State the purpose of your presentation.
**Slide 3: What is Cryptocurrency?**
- Define cryptocurrency as a digital or virtual form of currency using cryptography.
- Mention decentralization and blockchain technology.
**Slide 4: History of Cryptocurrency**
- Discuss the origin of cryptocurrency with Bitcoin in 2009.
- Mention Satoshi Nakamoto and the whitepaper.
**Slide 5: How Cryptocurrency Works**
- Explain the basics of blockchain technology.
- Describe transactions and the role of miners.
**Slide 6: Popular Cryptocurrencies**
- Mention Bitcoin, Ethereum, and a few other notable cryptocurrencies.
- Provide a brief overview of their use cases.
**Slide 7: Benefits of Cryptocurrency**
- Discuss advantages like security, transparency, and low transaction fees.
- Include potential for financial inclusion.
**Slide 8: Risks and Challenges**
- Talk about volatility and price fluctuations.
- Address regulatory and security concerns.
- Discuss scams and fraud.
**Slide 9: Wallets and Exchanges**
- Explain the concept of digital wallets.
- Mention cryptocurrency exchanges where users can buy, sell, and trade.
**Slide 10: Initial Coin Offerings (ICOs)**
- Describe what ICOs are and how they work.
- Mention the risks associated with ICO investments.
**Slide 11: Cryptocurrency Regulation**
- Discuss the global regulatory landscape.
- Highlight examples of countries with favorable and unfavorable regulations.
**Slide 12: Real-World Use Cases**
- Talk about how cryptocurrencies are being used, including remittances, online purchases, and more.
- Highlight blockchain applications like smart contracts.
**Slide 13: Investment and Volatility**
- Explain the investment aspect of cryptocurrencies.
- Mention HODLing and trading strategies.
- Emphasize the need for careful investment due to volatility.
**Slide 14: Future of Cryptocurrency**
- Discuss the potential impact on traditional finance.
- Mention developments in central bank digital currencies (CBDCs).
- Address the role of cryptocurrencies in a digital economy.
**Slide 15: Conclusion**
- Summarize key points from your presentation.
- Encourage questions and discussions.
**Slide 16: Q&A**
- Open the floor for questions and discussions.
**Slide 17: Thank You**
- Thank your audience for their attention.
- Provide your contact information for further inquiries.
Remember to include visuals, graphs, and real-life examples to make your presentation engaging and informative. Additionally, keep up to date with the latest developments in the cryptocurrency space to provide accurate and current information. Good luck with your presentation!
In an era of rapid technological advancements, understanding cryptocurrencies is no longer optional; it's a necessity. Our guide is meticulously designed to cater to both beginners and seasoned investors, offering insights, strategies, and practical advice that will empower you to make informed decisions in this dynamic market.
Our Comprehensive Cryptocurrency Guide is your passport to the exciting and potentially lucrative world of digital assets. Whether you're looking to invest, trade, or simply broaden your financial knowledge, our guide will equip you with the skills and confidence you need to thrive in the cryptocurrency landscape.
What is Cryptocurrency _ All About Cryptocurrency in India [2022].pdfMLM4EVER INDIA
Cryptocurrency is a digital or virtual currency that uses cryptography to secure transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution controlled fiat currencies. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin and Cryptocurrency were both introduced in 2009 by an unknown person or group of people under the name Satoshi Nakamoto. There is no central authority that governs blockchain activities, but instead a network of computers spread across the globe collectively maintain a copy of all blocks on the chain, ensuring that everyone can verify any information entered into it. The decentralized nature of blockchains makes them difficult to censor or manipulate - something which may have played a role in the popularity of cryptocurrencies. Often mistakenly called "coins", the trades featured in most exchanges are actually more like bets - with one or a collection of wallets, each with their own unique address, 'staking' themselves to validating transactions and collecting revenue as they go. This creates an environment where participants have no liability towards any other user on the network assuming both parties accurately record blockchains correctly (especially when it comes time for transaction verification) while simultaneously earning a rewards for their contribution with each block that's validated. A blockchain is a database with an underlying system of rules - as usually happens in such cases, the world's most popular one (currently Bitcoin) has been nicknamed "The Blockchain". Blockchains are distributed information management systems that permit parties to securely store and exchange their own data. Records can be distributed across multiple sites on different computers interconnected by various blockchains - similar to those discussed above for cryptocurrencies but often carrying only relatively small amounts of finance or even a single line of data. There are essentially two forms of blockchain networks - public and private , both operating outside a centralized authority, in the actual case Cryptocurrencies such as Ether (Ethereum's cryptocurrency), Bitcoin or Dash do indeed operate more like public blockchains while popular social media platforms such as Facebook utilizes only much smaller somewhat less secure "private" ones which aren't open to everyone yet likely most important users. Cryptocurrencies are slightly more centralized than standard money, however they feature the unbreakable algorithm of encryption and database systems that, in some ways, make it similar to a private coin - secure but accessible only to certain people. Some of the more well-known exchanges include CoinSwitch Kuber, Zebpay , WazirX and CoinDCX. Everything come with its pros and cons cryptocurrency is no different in this matter, it has its pros and cons as well.
There are many cryptocurrencies available in the market with different functions and specifications. Bitcoin is the first cryptocurrency.
Visit - https://jncx.io/
1-0 – What Is Cryptocurrency?
What is cryptocurrency? I’m sure many of you are curious of this so called
“21st
-century money of the future and due to its increasing recognition and
security, the cryptocurrency market looks bright ahead.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
Cryptocurrency, every now and then referred to as crypto-foreign money or crypto, is any shape of foreign money that exists digitally or truly and makes use of cryptography to steady transactions. Cryptocurrencies don`t have a critical issuing or regulating authority, as a substitute for the usage of a decentralized gadget to report transactions and problem new units. If you want to buy and sell cryptocurrency in Canada, you need to read this article first.
Basic information about what is Cryptocurrency ,what are there , benefits of cryptocurrency , how its works through blockchain technology, Crypto Mining ,where the currency can be stored, Uses of cryptocurrency and how to be hacker can hack it and caution about it.
It was my first presentation on cryptocurrency during my sophomore year in college. This presentation covers the basic understanding of cryptocurrency, working of cryptocurrency, bitcoin, blockchain and it's the difference between normal currency and cryptocurrency.
Mark Tencaten | Things You Should Know About Cryptocurrency before Investing Mark Tencaten
Unlike physical money that can be carried around and exchanged anywhere in the real world, cryptocurrency payments are recorded entirely on an online database as digital entries and are stored in digital wallets,” explains crypto expert Mark Tencaten.
Cryptocurrency is an internet-based, i.e. a digital currency which uses cryptographic functions to conduct the transactions. Blockchain technology helps the cryptocurrencies to perform decentralized transactions. These transactions are immutable and secure. The immune system of cryptocurrency exchange development is not controlled by the government and has no interference with any centralized body in it. The digital currency, cryptocurrency can be directly exchanged between the two parties via private or public keys. The transaction done in crypto includes very less processing fees and a wide platform to exchange the currency.
Discussed about the Blockchain and how it works
Also the advantages of Blockchain over centralized system and some drawbacks are also mentioned.
Discussion on bitcoin and Cryptocurrency
Creating our own cryptocurrency for startups.
Snapshots are attached.
An Introduction into Cryptocurrencies_ Understanding the Future of Digital Cu...Niall O'Riordan
Cryptocurrencies have revolutionised the world of finance, offering a digital alternative to traditional forms of currency. But what exactly are cryptocurrencies and how do they work?
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
What is Cryptocurrency _ All About Cryptocurrency in India [2022].pdfMLM4EVER INDIA
Cryptocurrency is a digital or virtual currency that uses cryptography to secure transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution controlled fiat currencies. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin and Cryptocurrency were both introduced in 2009 by an unknown person or group of people under the name Satoshi Nakamoto. There is no central authority that governs blockchain activities, but instead a network of computers spread across the globe collectively maintain a copy of all blocks on the chain, ensuring that everyone can verify any information entered into it. The decentralized nature of blockchains makes them difficult to censor or manipulate - something which may have played a role in the popularity of cryptocurrencies. Often mistakenly called "coins", the trades featured in most exchanges are actually more like bets - with one or a collection of wallets, each with their own unique address, 'staking' themselves to validating transactions and collecting revenue as they go. This creates an environment where participants have no liability towards any other user on the network assuming both parties accurately record blockchains correctly (especially when it comes time for transaction verification) while simultaneously earning a rewards for their contribution with each block that's validated. A blockchain is a database with an underlying system of rules - as usually happens in such cases, the world's most popular one (currently Bitcoin) has been nicknamed "The Blockchain". Blockchains are distributed information management systems that permit parties to securely store and exchange their own data. Records can be distributed across multiple sites on different computers interconnected by various blockchains - similar to those discussed above for cryptocurrencies but often carrying only relatively small amounts of finance or even a single line of data. There are essentially two forms of blockchain networks - public and private , both operating outside a centralized authority, in the actual case Cryptocurrencies such as Ether (Ethereum's cryptocurrency), Bitcoin or Dash do indeed operate more like public blockchains while popular social media platforms such as Facebook utilizes only much smaller somewhat less secure "private" ones which aren't open to everyone yet likely most important users. Cryptocurrencies are slightly more centralized than standard money, however they feature the unbreakable algorithm of encryption and database systems that, in some ways, make it similar to a private coin - secure but accessible only to certain people. Some of the more well-known exchanges include CoinSwitch Kuber, Zebpay , WazirX and CoinDCX. Everything come with its pros and cons cryptocurrency is no different in this matter, it has its pros and cons as well.
There are many cryptocurrencies available in the market with different functions and specifications. Bitcoin is the first cryptocurrency.
Visit - https://jncx.io/
1-0 – What Is Cryptocurrency?
What is cryptocurrency? I’m sure many of you are curious of this so called
“21st
-century money of the future and due to its increasing recognition and
security, the cryptocurrency market looks bright ahead.
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
Cryptocurrency, every now and then referred to as crypto-foreign money or crypto, is any shape of foreign money that exists digitally or truly and makes use of cryptography to steady transactions. Cryptocurrencies don`t have a critical issuing or regulating authority, as a substitute for the usage of a decentralized gadget to report transactions and problem new units. If you want to buy and sell cryptocurrency in Canada, you need to read this article first.
Basic information about what is Cryptocurrency ,what are there , benefits of cryptocurrency , how its works through blockchain technology, Crypto Mining ,where the currency can be stored, Uses of cryptocurrency and how to be hacker can hack it and caution about it.
It was my first presentation on cryptocurrency during my sophomore year in college. This presentation covers the basic understanding of cryptocurrency, working of cryptocurrency, bitcoin, blockchain and it's the difference between normal currency and cryptocurrency.
Mark Tencaten | Things You Should Know About Cryptocurrency before Investing Mark Tencaten
Unlike physical money that can be carried around and exchanged anywhere in the real world, cryptocurrency payments are recorded entirely on an online database as digital entries and are stored in digital wallets,” explains crypto expert Mark Tencaten.
Cryptocurrency is an internet-based, i.e. a digital currency which uses cryptographic functions to conduct the transactions. Blockchain technology helps the cryptocurrencies to perform decentralized transactions. These transactions are immutable and secure. The immune system of cryptocurrency exchange development is not controlled by the government and has no interference with any centralized body in it. The digital currency, cryptocurrency can be directly exchanged between the two parties via private or public keys. The transaction done in crypto includes very less processing fees and a wide platform to exchange the currency.
Discussed about the Blockchain and how it works
Also the advantages of Blockchain over centralized system and some drawbacks are also mentioned.
Discussion on bitcoin and Cryptocurrency
Creating our own cryptocurrency for startups.
Snapshots are attached.
An Introduction into Cryptocurrencies_ Understanding the Future of Digital Cu...Niall O'Riordan
Cryptocurrencies have revolutionised the world of finance, offering a digital alternative to traditional forms of currency. But what exactly are cryptocurrencies and how do they work?
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
Water scarcity is the lack of fresh water resources to meet the standard water demand. There are two type of water scarcity. One is physical. The other is economic water scarcity.
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
Based on our results, Tetra Engineering installed covering plates to reduce the bypass flow. This improved the boiler's performance and increased electricity production.
It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
2. HISTORY OF CURRENCY
╸ BARTER SYSTEM
╸ PRECIOUS METAL
╸ GOLD BACKED CURRENCIES
╸ FIAT CURRENCY
2
3. BARTER SYSTEM
● The barter system is a system of exchange, before the introduction of the
monetary system.
● Goods and services are traded for goods and services.
● This means that the parties exchange each other’s commodity directly
without any mediation of money .
3
LIMITATIONS
● Lack of Double Coincidence of Wants
● Lack of a Common Measure of Value
● Indivisibility of Certain Goods
4. PRECIOUS METALS
● Precious metals was the second mode of transaction used by humans.
● Gold and silver predominantly gold began to be used as a mode of
transaction.
● People started exchanging goods and services in behalf of precious
metals.
4
LIMITATIONS
● Suppose a person become rich and has lots of gold in his hands
and will have to travel with this gold to make a big deal
● Storage and security issue.
5. GOLD BACKED CURRENCIES
● Gold is better mode of transaction but human realised it is difficult to use.
● At this stage some organisation started evolving and offers, give us the
gold you own and we will give you a verified paper or a currency equal to
the value of gold.
● This is the rudimentary form we call a bank today.
5
LIMITATIONS
● In 1940, During the world war many countries needed a lot of
money.
● Massive demand for money and limited gold reserve.
6. FIAT CURRENCIES
● A decision was made in 1970s (all major countries together) that any country
could print as many currencies they need.
● Which means no currency is no longer back / pegged to any commodities.
● This agreement is called Bretton Woods agreement.
● A fiat currency is money that is not backed by a physical commodity like gold,
but instead backed by the government that issued it.
● Most modern currencies, such as the U.S. dollar, euro, pound and yen, are fiat
money.
6
8. PROBLEMS IN CURRENT
BANKING SYSTEM
8
╸ Controlled by a central authority at every stages.
╸ Risk of inflammation due to miss management by central authority.
╸ Inefficient to handle instabilities at the time.
╸ Security and threats.
╸ The major delay present in money transfer.
╸ Banks have the ability to print more (and unlimited) money – they can
simply create new cash out of thin air.
╸ In 2009 a new currency system was proposed, Which is called crypto
currency .
╸ Bitcoin is the world's first cryptocurrency ,which Satoshi Nakamoto
proposed.
9. WHAT IS CRYPTOCURRENCY?
9
╸ A cryptocurrency is a digital payment system that does not rely on bank
to verify transaction.
╸ It is a peer-to-peer system that anyone anywhere can send and receive
payments.
╸ when you transfer cryptocurrency funds the transactions are recorded in
a public ledger.
╸ Cryptocurrency receives its name because it uses encryption to verify
transactions.
╸ It is our digital cash which is fast,safe,secure and most importantly it is
decentralized.
╸ Everyone uses cryptocurrency more as a digital asset than as a currency.
10. WHAT IS BITCOIN ?
HOW DOES IT WORK?
10
╸ Bitcoin is a digital currency (cryptocurrency) which is independent of any
country or geographical entity & can be used by anyone who is connected to
the internet.
╸ Bitcoin purely peer to peer version of electric cash would allow online
payment it to be send directly from one party to another without going to a
financial institution.
╸ In 2009 Satoshi Nakamoto released bitcoin on internet.
╸ A person can send money to any other person directly without anyone's
control
╸ The total supply of bitcoin is 21 million.
╸ In 21 million, 18.89 million have already be mined and circulated in the
market.
╸ Today the value of a single bitcoin is nearly 50 lakhs.
11. WORKING?
11
TWO MAJOR TECHNOLOGIES USED IN CRYPTOCURRENCY ARE:
1.CRYPTOGRAPHY
Cryptography is the study of secure communications techniques that allow only
the sender and intended recipient of a message to view its contents.The term is
derived from the Greek word kryptos, which means hidden.
2.BLOCKCHAIN TECHNOLOGY
Blockchain is a peer-to-peer decentralized distributed ledger technology that
makes the records of any digital asset transparent and unchangeable and works
without involving any third-party intermediary. It is an emerging and
revolutionary technology that is attracting a lot of public attention due to its
capability to reduce risks and frauds in a scalable manner.
13. 13
╸ A public ledger records all bitcoin transactions and copies are held on servers around
the world.Anyone with a spare computer can set up one of these servers, known as a
node.
╸ Consensus on who owns which coins is reached cryptographically across these
nodes rather than relying on a central source of trust like a bank.
╸ Every transaction is publicly broadcast to the network and shared from node to node.
╸ Every ten minutes or so these transactions are collected together by miners into a
group called a block and added permanently to the blockchain. This is the definitive
account book of bitcoin.
╸ In much the same way you would keep traditional coins in a physical wallet, virtual
currencies are held in digital wallets and can be accessed from client software or a
range of online and hardware tools.
14. WHAT IS MINING?
14
╸ Mining is the process that Bitcoin and several other cryptocurrencies use
to generate new coins and verify new transactions.
╸ It involves vast, decentralized networks of computers around the world
that verify and secure blockchains – the virtual ledgers that document
cryptocurrency transactions.
╸ In return for contributing their processing power, computers on the
network are rewarded with new coins.
╸ It’s a virtuous circle: the miners maintain and secure the blockchain, the
blockchain awards the coins, the coins provide an incentive for the miners
to maintain the blockchain.
15. HOW TO START MINING?
15
1. Set up a computer with at least one graphics card.
1. Create a Ethereum wallet.
1. Join a mining pool.
1. Select the algorithm which is good for your computer.
1. Paste your wallet address to mining software and start mining.
16. DIFFERENT TYPES OF
CRYPTOCURRENCY
16
1. MAJOR COIN
╸ BITCOIN
╸ TRON
╸ BNB
1. ALTCOIN
╸ LITECOIN
╸ RIPPLE
1. STABLE COINS
╸ USDT
╸ PAXGOLD
4 . TOKENS.
╸ BASIC ATTENTION TOKEN (BAT)
╸ WRX
╸ PANCAKE SWAP
╸ THE SANDBOX
17. HOW TO CREATE A TOKEN ON
ETHEREUM BLOCKCHAIN
17
1.GET ETHER
Getting ether on your hands has several ways. The first choice is to purchase it
through fiat currencies. The other choice is to swap other tokens for Ethereum on a
decentralized exchange.
2.CREATE A METAMASK ACCOUNT
It is necessary to have a metamask wallet, to acquire ether. This is the second thing
we must do before we create Ethereum tokens.
3.CREATE A SMART CONTRACT
Solidity is a contract-oriented, high-level programming language for implementing
smart contracts. Create our contract with solidity according to ERC20 standard.
18. 18
4.CHECK THE WORKING
Ensuring the working of contracts is the most prominent step to deploy tokens on
the network. It can be done by using "brownie console" command. Once it
compiles successfully, all other things get perfect.
5. DEPLOYING THE TOKEN TO THE BLOCKCHAIN
Deploy our contract to the Ethereum network — well, not actually the Ethereum
network, but an Ethereum test network. We can’t deploy our contract on the real
Ethereum network because it would cost real money. Since we’re only practicing,
we’ll use this test network and transfer a free ETH to deploy our contract.