The World of Virtual Currency

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THE WORLD OF VIRTUAL CURRENCIES Ever heard about Bitcoins,Internet Currencies?Get all the information related to the virtual currencies in this presentation.

Transcript of The World of Virtual Currency

Page 1: The World of Virtual Currency

THE WORLD OF VIRTUAL CURRENCIESEver heard about Bitcoins,Internet Currencies?Get all the information related to the virtual

currencies in this presentation.

Page 2: The World of Virtual Currency

BITCOINIntroduced

#01

https://bitcoin.org

By Satoshi Nakamoto

BTC,XBT

Features

Website  BITCOIN

Price/Unit  

January 2009

$ 379.11

ü Fast peer-to-peer transactions

ü Worldwide payments

ü Works everywhere, anytime

ü Low processing fees

BTC,[note   2]XBT,[note   3] [note   4]

Page 3: The World of Virtual Currency

LITECOINIntroduced

#02

https://litecoin.org

By Charles Lee, a former Google employee

ü Open Source

LTC, Ł

Features

ü It’s designed to make sure that mining is much cheaper and more democratic than Bitcoin.

ü One of the ways Litecoin achieves this is by using a different cryptography protocol, scrypt, that can be decoded effectively using consumer-grade GPUs.

Website  LITECOIN

Price/Unit  

October 2011

$3.10

Page 4: The World of Virtual Currency

PEERCOINIntroduced

#03

https://peercoin.net

By Scott Nadal and Sunny King

PPC,Ᵽ

Features

Website  PEERCOIN

Price/Unit  

August 2012

$ 0.44

ü Built to Last:The world's first Proof-of-Stake coin.

ü Fair Distribution:No insider pre-sale or instant

mining.

ü Energy Efficient:Mint Peercoins on any device.

ü Transparent Protocol:The network is fully open

source.

Page 5: The World of Virtual Currency

NAMECOINIntroduced

#04

http://namecoin.info

By Scott Nadal and Sunny King

ℕ, NMC

Features

Website  NAMECOIN

Price/Unit  

April 2011

$ 0.41

ü Securely record and transfer arbitrary keys.

ü Attach a value (data) to the names(up to 520

bytes).

ü Namecoin was the first fork of Bitcoin and still

is one of the most innovative altcoins.

Page 6: The World of Virtual Currency

RIPPLEIntroduced

#05

https://ripple.com

By Arthur Britto, David Schwartz, Ryan Fugger

ℕ, NMC

Features

Website  RIPPLE

Price/Unit  

2012

$ 0.0068

ü Ripple’s distributed financial technology allows

for banks around the world to directly transact

with each other without the need for a central

counterparty or correspondent.

Page 7: The World of Virtual Currency

ETHEREUMIntroduced

#06

https://www.ethereum.org

By Vitalik Buterin, Gavin Wood

ETH

Features

Website  ETHEREUM

Price/Unit  

July 2015

$ 2.46

ü Ethereum is a decentralized platform that

runs smart contracts: applications that run

exactly as programmed without any possibility

of downtime, censorship, fraud or third party

interference.

Page 8: The World of Virtual Currency

DASHIntroduced

#07

https://www.dash.org

By Evan Duffield

DASH

Features

Website  DASH

Price/Unit  

January 2014

$ 4.36

ü Dash (DASH) is an open sourced, privacy-

centric digital currency with instant

transactions.

ü It allows you to keep your finances private as

you make transactions without waits, similar to

cash.

Page 9: The World of Virtual Currency

DOGECOINIntroduced

#08

http://dogecoin.com

By Billy Markus

DOGE

Features

Website  DOGECOIN

Price/Unit  

December 2013

$ 0.0003

ü Dogecoin is a decentralized, peer-to-peer

digital currency that enables you to easily send

money online.

ü "Doge" is the friendly mascot! The Shiba Inu is a

Japanese breed of dog that was popularized as

an online meme and represents Dogecoin.

Page 10: The World of Virtual Currency

STELLARIntroduced

#09

https://www.stellar.org

By Jed Mccaleb and Joyce Kim

XLM

Features

Website  STELLAR

Price/Unit  

Early 2014

$ 0.001

ü Any currency, asset, or token

ü Open-source code

ü Provable safety properties

ü Simple, clean API

Page 11: The World of Virtual Currency

BITSHARESIntroduced

#10

https://bitshares.org

By Daniel Larimer

ℕ, NMC

Features

Website  BITSHARES

Price/Unit  

November 2014

$ 0.003

ü BitShares is an industrial-grade financial

blockchain smart contracts platform.

ü Built using the latest in industry research,

BitShares 2.0 delivers

a decentralized financial platform with

speeds approaching NASDAQ.

Page 12: The World of Virtual Currency

THANK YOU

Vishnu Singh Chundawat

JAN2

9016

IN

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