Primary post: 1. It is well known that the key innovation of crypto-currency (such as Bitcoin, Ethereum) is distributed consensus protocol. It is also clear that crypto-currency is changing the future of business. Do your own research and reference at least 2 articles related to this topic. 2. Primary post : Write a post (300-500 words) on the discussion forum (Click "Add new discussion" to start) to summarize your research. In your summary: · Identify and briefly describe TWO distributed consensus protocols · State clearly in what way do you foresee that crypto-currency is change the future of business. 3. Secondary post : Respond to exact TWO (2) other postings. If there are more than two secondary posts, the two post that you submitted will be graded. Your secondary post should be: · 150-200 words · Answer to another student's question to your own post · Comment to your original post First reply: <Other Student’s name> Post selected One of the greatest breakthroughs in Monetary technology is that the innovation of Cryptocurrency. Whereas there has been plenty of buzz around cryptocurrency, there’s disproportionately less clarity on what it extremely is. Cryptocurrencies square measure the way of liberating the finance system from banks that sometimes unsuccessful, by creating it clear. They allow all transactions to be verified on a public ledger. Cryptocurrency: Cryptocurrency could be a digital or virtual currency that uses cryptography for security. A cryptocurrency is troublesome to counterfeit owing to this security feature. A process feature of a cryptocurrency and arguably its most lovely attract, is its organic nature; it’s not issued by any central authority, rendering it on paper resistant to government interference or manipulation. It is created and stored electronically which can only be saved in computers or websites. These transactions are facilitated through use of private and public keys for security purpose. All cryptocurrencies will have following common characteristics: Digital, Decentralized, Independence, Cryptographic, Identity and Transaction Verification. Some of the Cryptocurrencies: Bitcoin was the foremost invented cryptocurrency in 2009, Ethereum, Litecoin, Namecoin, PeerCoin, Ripple, Primecoin, Auroracoin etc. Advantages: The usage of crypto currency is fast, cheap and there are no charge backs. People cannot steal information from merchants and its as private as you wanted to be. Its usage is easy and fat payment without using the credit card or sign any document, we just need to know the address of person or organization to whom one has to transfer money, payment processing is very fast. It also ensures that transactions are secure. There are no processing charges to complete the transaction. Disadvantages: Main disadvantage is it is not widely accepted like in physical stores instead of real money. It cannot be retrieved like traditional/physical money if we lose the digital currency informatio.