cryptocurrency minning, Study Guides, Projects, Research of Data Mining

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TOPIC

WHAT IS CRYPTOCURRENCY?

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.

WHY USE CRYPTOCURRENCY?

• Fast and Safe
• Easy to use
• Free to transfer and hold
• Transparent and neutral
• Privacy and security- anonymous payments

TYPES OF CRYPTOCURRENCY

EXAMPLE : BITCOIN

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of bitcoin, over 4000 alternative of bitcoin have been created.

CONCLUSION

Cryptocurrency is an impressive technical achievement, but it remains a monetary experiment. Even if cryptocurrencies survive, they may not fully displace fiat currencies. As I have tried to show in this presentation, they provide an interesting new perspective from which to view economic questions surrounding currency governance, the characteristics of money, the political economy of financial intermediaries, and the nature of currency competition.