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  • Cryptocurrency

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    Akash Singh
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    Cryptocurrency is a digital currency that functions as a medium of exchange like normal currencies. It is classified as a subset of digital currencies and an alternative to traditional currencies. The first cryptocurrency to capture public imagination was Bitcoin, which was launched in 2009. Some major cryptocurrencies include Bitcoin, Ethereum, Binance Coin, Tether, and Cardano. Cryptocurrencies are generated through the use of mining hardware powered by electricity, and can then be exchanged for traditional currencies through online exchanges.

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    Cryptocurrency is a digital currency that functions as a medium of exchange like normal currencies. It is classified as a subset of digital currencies and an alternative to traditional currencies. The first cryptocurrency to capture public imagination was Bitcoin, which was launched in 2009. Some major cryptocurrencies include Bitcoin, Ethereum, Binance Coin, Tether, and Cardano. Cryptocurrencies are generated through the use of mining hardware powered by electricity, and can then be exchanged for traditional currencies through online exchanges.

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    62 views7 pages

    Cryptocurrency

    Uploaded by

    Akash Singh
    Cryptocurrency is a digital currency that functions as a medium of exchange like normal currencies. It is classified as a subset of digital currencies and an alternative to traditional currencies. The first cryptocurrency to capture public imagination was Bitcoin, which was launched in 2009. Some major cryptocurrencies include Bitcoin, Ethereum, Binance Coin, Tether, and Cardano. Cryptocurrencies are generated through the use of mining hardware powered by electricity, and can then be exchanged for traditional currencies through online exchanges.

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    © All Rights Reserved
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    of 7

    Cryptocurrency

    1. SWAPNIL
    2. AKASH
    3. KAUSHIK
    Cryptocurrency

     It is a digital currency.
     A medium of exchange like normal currencies.
     It is classified as a subset of digital currencies and a alternative currency.
    History

     In 1998 , wei dai published a description of “B-money” , an anonymous ,


    distributedeletronica cash system
     Nic Szabo created “bit gold” like “bit coin” and other crypto currencies.
     First crypto to capture the public imagination was bit coin , which was launched in 2009
    by an individual or group known under the pseudonym satoshi nakamoto.
    names

     Bitcoin
     Ethereum
     Binance Coin
     Tether
     Cardano
     Dogecoin
    How is it work

     ELECTRICITY:- The only inputyou ever provide to this system.


     Mining hardware:-The mining pc you setup with your one-time investment.
     cryptocurrency:- The mining hardware generates currency.
     Rupee :- The cryptocurrency can be exchanged for rupee using service like unocoin.com
    THANK YOU

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