Exploring the World of Cryptocurrency: Fundamentals, Market Trends, and Investment Opportunities
UzairAsif25
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29 slides
May 18, 2024
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About This Presentation
Dive into the fascinating world of cryptocurrency with this presentation. Learn about the fundamentals of digital currencies, current market trends, and potential investment opportunities. Perfect for finance enthusiasts, tech-savvy individuals, and anyone interested in the future of money and block...
Dive into the fascinating world of cryptocurrency with this presentation. Learn about the fundamentals of digital currencies, current market trends, and potential investment opportunities. Perfect for finance enthusiasts, tech-savvy individuals, and anyone interested in the future of money and blockchain technology
Size: 2.57 MB
Language: en
Added: May 18, 2024
Slides: 29 pages
Slide Content
Exploring the World of Crypto-Currency
FORMS OF CRYPTO CURRENCY Store of value Digital Currency Utility Token Security Token
EXAMPLES Bitcoin: It was launched in 2009 and is the first decentralized crypto currency. It is best for store value. Libra: A digital currency created by facebook , designed to be simple, low-fee stablecoin to be used around the world. It was named as “ Diem” in 2020. Ethereum: Ethereum a utility token was launched in 2015. It is the second largest crypto currency behind bitcoin. Science Blockchain: It is a security token that represents ownership in a real-world asset, such as equity in a company, real estate, or commodities.
DECENTRALIZED CURRENCY Those currency on which there is no control of anyone over it, nobody can manipulate it or nobody can govern it. These include; Bitcoin Name coin Litecoin Ripple coin
ARCHITECTURE OF CRYPTOCURRENCY Cryptocurrency uses peer to peer blockchain network with each block containing information on the transactions. Each block of transaction is secured by hashes and the hash in each block is linked to the previous block. Cryptocurrency uses cryptography as the basis for the purpose of security.
BLOCKCHAIN A blockchain is continuously growing lists of records, called Blocks, which are linked and secured using cryptography. Provide validity of cryptocurrency. By design blockchain are inherently resistant to modification of the data. Highly secure and fault tolerance. It works like a ledger and is shared by everyone. All transactions without exception, are recorded here. Once it is recorded it cannot be reversed(to prevent the double spending problem.) Everyone will have the same blockchain therefore the access to the recorded history is esay .