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    Blockchain

    Uploaded by

    Dipak Nandeshwar
    Blockchain technology allows for direct transfer of digital assets like Bitcoin without middlemen. Some key facts: - In 2010, $100 invested in Bitcoin would be worth billions today due to its rapid appreciation. - India has over 100 million cryptocurrency traders, more than most countries' total populations. - A blockchain is a growing list of linked data blocks that provides security and decentralization without centralized control.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Blockchain

    Uploaded by

    Dipak Nandeshwar
    22 views10 pages
    Blockchain technology allows for direct transfer of digital assets like Bitcoin without middlemen. Some key facts: - In 2010, $100 invested in Bitcoin would be worth billions today due to its rapid appreciation. - India has over 100 million cryptocurrency traders, more than most countries' total populations. - A blockchain is a growing list of linked data blocks that provides security and decentralization without centralized control.

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    Blockchain technology allows for direct transfer of digital assets like Bitcoin without middlemen. Some key facts: - In 2010, $100 invested in Bitcoin would be worth billions today due to its rapid appreciation. - India has over 100 million cryptocurrency traders, more than most countries' total populations. - A blockchain is a growing list of linked data blocks that provides security and decentralization without centralized control.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    22 views10 pages

    Blockchain

    Uploaded by

    Dipak Nandeshwar
    Blockchain technology allows for direct transfer of digital assets like Bitcoin without middlemen. Some key facts: - In 2010, $100 invested in Bitcoin would be worth billions today due to its rapid appreciation. - India has over 100 million cryptocurrency traders, more than most countries' total populations. - A blockchain is a growing list of linked data blocks that provides security and decentralization without centralized control.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Blockchain

    Technology
    • In 2010, If you had
    invested $100 in
    bitcoin, you would be
    a billionaire today.

    • India has more than 10


    crore traders in
    cryptocurrency, which
    is more than most of
    the countries total
    population
    THE HISTORY OF BITCOIN
    2008

    Idea was published under the


    pseudonym Satoshi Nakamoto
    2009

    Start of the Bitcoin Network


    2010

    First cryptocurrency stock


    exchange is launched
    2011

    One Bitcoin equals one USD


    BITCOIN BLOCKCHAIN

    Is an application of Is the underlying data structure,


    blockchain technology which can be used for many
    things, including cryptocurrencies
    WHAT IS A BLOCKCHAIN?

    A blockchain is a growing list of data blocks that are


    linked together.

    Data Data Data

    Reference Reference Reference


    BITCOIN ECOSYSTEM

    More Security

    More
    Participants

    Increased
    Bitcoin Value
    CUTTING THE MIDDLEMAN

    E.g. direct transfer of Bitcoins


    KEY FEATURES
    • Write-only

    • Decentralized

    • Open to everyone
    CHALLENGES

    • Energy consumption

    • Highly Volatile

    • Money laundering
    Thank You

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