PRESENTED BY :

ANKIT PRIYADARSHI PATRA (R.N- 165)

SATYEN DASH(R.N- 148)
NIKHIL KUMAR PANDA (R.N- 164)
AMARENDRA NAYAK (R.N- 149)
 CONTENTS :
• What is Cryptocurrency ?
• Crypto mining & Blockchain
• Types of Cryptocurrency
• History of Bitcoin
• What is Bitcoin ?
• Statistics of Bitcoin
• Conventional Vs Digital currency
• Risks
• Fun Facts
• Conclusion
 CRYPTOCURRENCY :
• Cryptocurrency is a digital
coin.
That means no physical coin or
bill.
• either onlineinon
It is stored computer
digital or on
wallet,
any hardware.
• One can buy Cryptocurrency
• with a credit card or in
some
• cases, get it through a
process
 CRYPTO MINING :
• The term crypto mining means
gaining cryptocurrencies by
solving cryptographic
equations through the use of
computer.
BLOCKCHAIN :
• A digital record of transactions.
• Block means individual records
,
are linked together in a single
TYPES OF CRYPTOCURRENCY :
The well known Cryptocurrencies are :
• Bitcoin (BTC)
• Litecoin (LTC)
• Ethereum (ETH)
• Bitcoin cash
• Ethereum classic
• Z cash (ZEC)
• Stellar Lumen
• Bitcoin Satoshi’s vision
HISTORY OF BITCOIN :
• Bitcoin was the first cryptocurrency to successfully record
transactions on a secure , blockchain based network.
• On 3rd January 2009,the Bitcoin was introduced by Mr. Satoshi
Nakamoto.
• The value of 1 Bitcoin reached $1 for the 1st time on 9th February
2011.
 ITCOIN :
• Bitcoin is a decentralized digital
currency that you can buy, sell and
exchange directly without any median
that is bank.
• Among all the cryptocurrencies Bitcoin
is the superior one .
• It is a peer to peer payment network.
• Bitcoin protocol and software are open
source.
STATISTICS OF BITCOIN :
CONVENTIONAL VS DIGITAL CURRENCY :

Conventional currency Cryptocurrency

Type Real Virtual

Intermediates Yes No

Portability Yes(except heavy cash) No(Peer to Peer)

Acceptance National Global(through out the internet)

Secure Moderate High

Decentralized No(Central bank control) Yes(Controlled by complex

math)
 RISKS :
• Hackers : Cryptocurrencies are targets for highly sophisticated hackers , who
have been able to breach advanced security system .
• Fewer protections : If you trust someone else to hold your cryptocurrencies and
something goes wrong , that company may not offer you the 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 volatility .
• Scams : Fraudsters are taking advantages of the hype surrounding virtual
currencies to cheat people with fake opportunities .
FUN FACTS :
• On 22nd May , 2010 a man bought two pizzas for 10,000 BTC . It
was the 1st official purchase of goods using bitcoins . At this time
the worth of 10,000 BTC is around $634.8 million .
• A British man accidently threw away a hard drive with 7,500 BTC
worth of $475.6 million now a days .
• There are only 21 million bitcoins will ever be created .
• Now you can buy a Tesla car by using Bitcoin.
CONCLUSION :
As you can see , in this presentation any cryptocurrency
until now is not perfect. It have many advantages along with some
disadvantages. This is mostly due to the fact that it is still a
relatively young and new currency. People are just beginning to
become more aware of it. And it is the main purpose of our
presentation.
THANK YOU
THANK YOU