Scribd
Upload
28 views10 pages

Blockchain

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.

Uploaded by

Dipak Nandeshwar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
28 views10 pages

Blockchain

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.

Uploaded by

Dipak Nandeshwar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 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

You might also like