presentation on cryptocurrency ppt

Cryptocurrency

Oct 01, 2014

2.31k likes | 5.22k Views

Cryptocurrency. Bitcoin. Dogecoin. Peter Carnesciali Marcus Rivera. Litecoin. Peercoin. What is Cryptocurrency?. A type of digital currency which relies on cryptography Uses SHA-256 hash functions or scrypt, a password based key derivation function Decentralized - no governing bank

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Cryptocurrency.

• leading zeros
• physical coin
• cryptocurrency cryptocurrency
• world 0 1312af178c253f84028d480a6adc1e25e81caa44c749ec8197619
• sha 256 hash functions

Presentation Transcript

Cryptocurrency Bitcoin Dogecoin Peter Carnesciali Marcus Rivera Litecoin Peercoin

What is Cryptocurrency? • A type of digital currency which relies on cryptography • Uses SHA-256 hash functions or scrypt, a password based key derivation function • Decentralized - no governing bank • No physical coin. • Value by scarcity, supply and demand

History • 2008 - Satoshi Nakamoto’s white paper • 2009 - Bitcoin was created • 2011 - Litecoin • 2011 to present - Many Cryptocurrencies

Addresses: 27-34 alphanumeric chars

How transactions work • Each address has a public key and private key • Sign the transaction, proving you are the owner of the address • Specify which address sending to, and how much

Addresses • Generally disposable • Generate address for every transaction you receive • 2^160 possible addresses • 2^63 grains of sand on all beaches on earth • Wallet holds keys for every address you own • If you lose the private keys, you are screwed

Traditional Bank Methods • Bank keeps a ledger • Account numbers and balances • Bank verifies all transactions • Transfers money between accounts

Cryptocurrency Methods • Members of community (miners) keep a ledger • Addresses and balances • Verify transactions as they happen • Approve them if the balance exists • Transfer balance to other address • Issue Confirmation

Majority Rules • If miners disagree about a balance, the majority rules, and all align to that. • Therefore, to commit fraud you would need >50% of mining power • All of Google's processing power not enough • More people mining, more secure

Mining • Transactions grouped into blocks • Solve a "proof-of-work" problem for the block • Artificially difficult hash. • SHA-256 Hash of transactions has to meet certain criteria • Leading zeros, etc. • If you solve, you are rewarded with bitcoins

Leading Zeros • If we need 4 leading zeros "Hello, world!0" => 1312af178c253f84028d480a6adc1e25e81caa44c749ec8197619... "Hello, world!1" => e9afc424b79e4f6ab42d99c81156d3a17228d6e1eef4139be78e9... "Hello, world!2" => ae37343a357a8297591625e7134cbea22f5928be8ca2a32aa475... ... "Hello, world!4248" => 6e110d98b388e77e9c6f042ac6b497cec46660deef75a55ebc... "Hello, world!4249" => c004190b822f1669cac8dc37e761cb73652e7832fb81456570... "Hello, world!4250" => 0000c3af42fc31103f1fdc0151fa747ff87349a4714df7cc52ea4... • Took 4251 tries to get 4 leading zeros

Benefits • Anonymous • Instant (within few seconds) • For large transactions, wait 10 minutes to fully confirm • No (or very low) fees • (usually none, sometimes 0.0005 BTC) • Could send $100,000 for max fee of $0.23 • Transactions are permanent • No chargebacks like with credit cards/PayPal

Struggles • Government trying to regulate • Price fluctuates a lot • Started at under 1 cent • Got above $1000 • Currently around $450 • Output Overflow Bug • August 15, 2010 • Only major security flaw found and exploited Bitcoin Price

Dogecoin • One of the most popular altcoins • Based on the "doge" meme • Founded on the framework of Bitcoin • Sponsored Jamaican Bobsled team for Olympics • Sponsoring NASCAR driver this weekend

Strange Donuts • In St. Louis • Accept Bitcoin and Dogecoin • Scan QR code for address • Send payment

Sources "Cryptocurrency." Wikipedia. 28 Apr. 2014. Wikimedia Foundation. 29 Apr. 2014 <http://en.wikipedia.org/wiki/Cryptocurrency>. "History of Bitcoin." Wikipedia. 26 Apr. 2014. Wikimedia Foundation. 27 Apr. 2014 <http://en.wikipedia.org/wiki/History_of_Bitcoin>. Ingraham, Nathan. "Dogecoin has its day: The unlikely success of a joke cryptocurrency." The Verge. 29 Apr. 2014. 29 Apr. 2014 <http://www.theverge.com/2014/4/29/5665470/dogecoin-has-its-day-the-unlikely-success-of-a-joke-cryptocurrency>. "What's the History of Cryptocurrency?" Cryptocurrency. 30 Apr. 2014 <https://www.coinpursuit.com/articles/whats-the-history-of-cryptocurrency.140/>. "Quantitative Analysis of the Full Bitcoin Transaction Graph" The Weizmann Institute of Science, Israel. 1 May. 2014. <http://eprint.iacr.org/2012/584.pdf>

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Home PowerPoint Templates Business PowerPoint Templates Cryptocurrency PowerPoint Template

Cryptocurrency PowerPoint Template

The Cryptocurrency PowerPoint Template is a financial and business presentation of decentralized digital currency. The cryptocurrencies like bitcoin and Ethereum are in the top financial searches. This PowerPoint is a perfect template to explain business, finances, digital money, and transactions. The creative design assists in demonstrating the concept of wealth, online services of banking institutions, and digital technologies. Therefore, the PowerPoint contains diagram model illustrations to understand the basic blockchain concept. Also, it includes the slides of activities, benefits, and approaches to increase revenue by investing in cryptocurrency. This is an ideal presentation template for bankers and business and finance professionals speakers. For instance, use the peer-to-peer network model to visually display the working algorithm of bitcoin for a basic understanding of cryptocurrency. Also, compare various digital currencies from more than 1172 internet money services and more. The transactional properties of Bitcoin include:

• Irreversible – The transaction cannot reverse once processed. Therefore, there is no safety against hackers and scammers
• Pseudonymous – the transactions and accounts do not exist physically.
• Fast and worldwide – Transfers do not delay while making international payments
• Secure – The cryptographic key makes it impossible for an outsider to breach the system
• No gatekeepers – Users can send money to anyone using free bitcoin software without a medium which can prevent the transaction

This outstanding Cryptocurrency PowerPoint Template has 12 unique vector infographics and interactive illustrations slides. The white, blue, and gold theme of slides provides the immediate idea of a professional business presentation. The template shows various talking points related to digital currency. These include worldwide connectivity, the algorithm model of peer-to-peer networks, applications, benefits, blockchain system, and comparison of other cryptocurrencies. There are many financial and money-related icons such as the Bitcoin currency symbol, gold bars, and cyber technology. Moreover, this PowerPoint is an editable template, enabling users to customize theme, layout, and object properties.

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What is Cryptocurrency and how does it work?

• by Refresh Science
• June 27, 2021 January 6, 2022

We are living in a digital world where everything is heading towards pure digitalization. i.e. Most of our works are becoming  paperless. Even money transfer and investments are paperless. One of such digital payment sector is cryptocurrency.

What is Cryptocurrency ?

• Crypto currency is a digital money or virtual money. That is money is not available physically and it is very secure.
• In simple words we can say cryptocurrency is a money exchange process.
• Most popular example for cryptocurrency is Bitcoin. It is the first ever introduced cryptocurrency.
• Some other examples for cryptocurrencies are Ethereum, XRP
• It is not possible to counterfeit or double spend because it is secured by cryptography.
• It is an decentralised process hence they are not controlled by anyone
• Cryptocurrencies are tax free and they are not insured too.
• Government or banks are not responsible for cryptocurrency.
• Even many countries have banned cryptocurrency.

What is the purpose of Cryptocurrency?

• The main purpose of cryptocurrency is to reduce the risk involved in traditional currency.
• It is very easy to use. We can access it anywhere and anytime. All we need is a smart phone and a good net connection
• In cryptocurrency the power and the responsibilities are in hands of the currency holder.
• They help in solving real world problems.

Download Cryptocurrency PowerPoint Presentation for free:

How does a cryptocurrency work.

It uses block chain technology. It is a very brilliant technology because both the buyer and seller details are viewable to each other and so no broker is needed.

For example if we need to buy a share from a stock market we can do it easily with the help of a broker. We will confirm the exchange order and then we will receive the shares.  We don’t need to contact the seller in person.

The reason for choosing a broker is we don’t know if the seller has the stock or not. This is known as principle of novation.

In cryptocurrency involvement of third person is not needed because all the transactions are stored in a common location and it is viewable. The identity of the person who made the transaction is encrypted.

Blockchain – document that tracks all the transactions.

How cryptocurrency is made ?

• Most of the cryptocurrencies are made using a process called mining.
• Mining is nothing but an algorithm. It is the process of adding transaction to the blockchain ledger.
• Via nodes on the network with the consensus achieved through a proof of system.
• But not all cryptocurrencies are made by mining. Some currencies are created using various other techniques such as tokens.

Can Cryptocurrency be converted to cash?

The answer for the above question is yes. For example one of the cryptocurrency Bitcoin can be exchange into cash on a crypto exchange.

There are platforms such as coinbase and kraken that helps the users to convert digital money to physical cash.

How safe is Cryptocurrency?

Transactions done using cryptocurrencies are highly secure .

There is a chance of earning huge amount when compared to mutual funds or share market but it comes with a high risk.

Because the volatility of cryptocurrency is very high. Either we earn high return or lose what we have.

Is Cryptocurrency good or bad?

Every coin has two faces, similarly there are both good and bad about investing in cryptocurrency. One should know both the faces before investing. Let us consider only the good side about investing

Returns may be massive and everything is instant. So you can buy or sell when there is a fluctuation in the market very easily.

There is a cold wallet storage option where we can control our own private key. This key helps us to access our coin in the block chain.

What are the problems with Cryptocurrency?

Major problem is cryptocurrency is the lack of regulation.

Next problem is volatility. For example in 2017 cryptocurrency like Bitcoin increased suddenly upto 1000 percentage and then came down.

Another problem is fear about hacking and scams due to the reason of digitalisation.

Is crypto illegal?

It varies from one country to another. In some countries it is legal and some countries have banned it.

Crypto is legal in some of the most developed countries like U.S Japan and U.k

It is also legal in developing country like India but it does not have any regulatory framework . Countries like Algeria, morocco, Nepal, Pakistan and Vietnam have banned it. (Verify crypto news for updated information’s)

Will banks use Cryptocurrency?

Most are the banks are against the idea of cryptocurrencies because it is a treat to most of the traditional banks.

There are also certain types of banks supporting cryptocurrencies and investing in it.

What is the disadvantage of Cryptocurrency?

One of the biggest drawback of cryptocurrency is the security. There are stories where exchanges are hacked and peoples who held coins in those exchanges lost everything.

There are lot of peoples with less experience and knowledge which leads to huge loss.

Since it is fully digitalized there is a technical difficulty such as network issues and so on.

Can you trust Bitcoin?

Yes Bitcoin’s are really safe. If you are ready to take risk and if you are ready for investing then be ready for all kind of high and low.

If no of Bitcoin’s available Is less and no of bidders are very large in number the value automatically increases.

Can you get scammed on Bitcoin?

Yes there is a chance of getting scammed on Bitcoin’s some such scams are

• Social media scams
• Fraudulent exchanges
• Imposter websites
• Scamming emails

MicroStrategy is a company that holds most bitcoin.

Can a Bitcoin crash?

Yes Bitcoin may crash. But the gains achieved using Bitcoin are higher when compared to the losses.

But a Bitcoin reducing to zero is nearly impossible.

Why we should not use Bitcoin?

• Highly volatile
• Lack of knowledge and experience
• Unregulated space

Conclusion: Know all the ups and downs, before investing into crypto.

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Top 25 Cryptocurrency PowerPoint Templates to Help You Keep a Secure Record of Your Transactions!

Deepali Khatri

Cryptocurrency, a digital currency which work as a medium of exchange uses cryptography to secure its transactions. These are the limited entries in the database that no one can alter until some specific conditions are fulfilled.

In earlier times, one of the major problems that the payment network had to solve was spending double time. Here in this system, there was a third party involved that was the central server that kept a record of the transactions which was not that reliable. But, this issue was solved because of the decentralized network like bitcoin, which is the first blockchain-based cryptocurrency.

Cryptocurrencies allow for secure payments online ensuring transparency and traceability for the payments made.

Do you wish to give your audience a thorough understanding of what cryptocurrency is and how it works? Click here to access our Comprehensive Training Curriculum On Cryptocurrency to give them the presentation of a lifetime!

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Here we bring you these cryptocurrency PowerPoint templates that will help you better understand the concept of cryptocurrency, blockchain technology and bitcoin and will assist you in maintaining an organized record of your transactions.

Cryptocurrency PowerPoint Templates:

Cryptocurrency PowerPoint Presentation Slides-1

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The high market demand for bitcoins guarantees the investors a future that is long term and bright. It seems that the value of bitcoin will continue to rise until its supply maximizes. Explain what causes cryptocurrency to rise. Elucidate how economics law of demand and supply affects the changes in the value of the currency. The template gives you space to jot down the increase in the value of currency specifying the reason for that rise.

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Talk about the uses of cryptocurrency wallet using this amazingly designed cryptocurrency wallet PowerPoint slide design. State the best cryptocurrency wallet for security, mobile and desktop. Describe that it allows users to store and retrieve their digital assets. One can also incorporate this slide to explain the procedure how these crypto wallets generate money by cutting fee whenever a transaction is made.

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Bitcoin To PayPal PowerPoint Slide Icon-11

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PayPal is an application that now accepts money in the form of bitcoins as well. It allows all the merchants to accept Bitcoins and this information can be presented taking the advantage of this readymade bitcoin to PayPal PowerPoint template. You can also mention the steps for buying the bitcoin from PayPal.

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Explain the concept of blockchain bitcoin and how trading is done in this technology. Familiarize your viewers how trading in cryptocurrency helps in reducing the transaction cost. Its approach to security and transparency make it valuable technology for all those companies which are looking to share data and this can be easily shown with the assistance of this customizable bitcoin blockchain PowerPoint template.

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Blockchain technology is used in digital marketing as well and has changed the way it used to be. One can have a lot of benefits by using this technology in marketing as it prevents the same display ad from being over-served to the people. Using blockchain technology for marketing makes the data more secure so that the confidence of customers never becomes a deciding factor in buying your product.

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Create greater transparency and traceability of business process by downloading these amazing cryptocurrency PowerPoint slides.

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Crypto Slides

Crypto slides presentation, free google slides theme and powerpoint template.

Business presentations can be the key to success for your business. If you want yours to be different, fun and with a style that catches the attention of your audience, this template will surprise you. It is specially designed to talk about cryptocurrencies, a very fashionable topic nowadays. The best part? The combination of colors gives it a modern touch that matches perfectly with the sans serif typography. It also has alternative resources, so you can customize it to your taste. Download it now!

Features of this template

• 100% editable and easy to modify
• 35 different slides to impress your audience
• Contains easy-to-edit graphics such as graphs, maps, tables, timelines and mockups
• Includes 500+ icons and Flaticon’s extension for customizing your slides
• Designed to be used in Google Slides and Microsoft PowerPoint
• 16:9 widescreen format suitable for all types of screens
• Includes information about fonts, colors, and credits of the free resources used

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