CRYPTOCURRENCY

Name : Musaveer Khan

USN : 4MH18CS064
Batch : 024
Guide: Dr. Shivamurthy R C
 CONTENTS
❏ Introduction.
❏ Literature Survey.
❏ History.
❏ Characteristics.
❏ Crypto currency working.
❏ Top ten Crypto currency.
❏ Block chain technology.
❏ Transaction.
❏ Benefit and disadvantages of
Crypto currency.
❏ Conclusion.
 INTRODUCTION

• Cryptocurrency is a digital currency that uses

encryption (cryptography) to generate money and to
verify transactions.
• A medium of exchange like normal currencies.
• Cryptocurrencies are classified as a subset of digital
currencies and are also classified as a subset of
alternative currencies and virtual currencies.
• A cryptocurrency is a digital form of money that is
a more secure medium of exchange.
 Literature Survey
Paper 1

Paper Name Cryptocurrency

Author Eli Dourado and Jerry Brito

Year January 2014

 Literature Survey
Paper 2

Paper Name A STUDY ON

CRYPTOCURRENCY IN INDIA

Author Mohammed Mubarak

Year August 2021

 HISTORY

• Nick Szabo created “bit gold” like bit-coin and other

cryptocurrencies.
• The first cryptocurrency to capture the public
imagination was Bit-coin, which was launched in
2009 by an individual or group known under the
pseudonym Satoshi Nakamoto.
Characteristics of crypto currencies

• Use a number of different algorithms.

• Traded in different ways.
• Decentralized(No Central Authority).
• Irreversible.
• Security.
How do crypto currency work?
Top ten crypto currencies 2022
 Block chain technology
• Block chain is a decentralized ledger of all
transactions across a peer-to-peer network.
Using this technology, participants can
perform transactions without the need for a
central certifying authority .
• Potential applications include fund transfers,
settling trades, voting and many other.
How Block chain works?
Benefits of Crypto Currency
 Disadvantages of Crypto
currency

• Lack of Awareness and understanding.

• Risk of volatility.
• Vulnerable to scams.
• Vulnerable to cyber attacks.
 Conclusion

Cryptocurrency is an impressive
technical achievement, and good
investment option as per tetra price
prediction. But it will be riskier
because the virtual currencies are
highly volatile.
Thank You ☺