Professional Documents
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A Brief Introduction
Simion Sergiu
Huzum George
Teclici Radu
Cryptocurrency: What?
It is a Digital Currency that uses cryptology for security
coinpayments.net
moolah.io
Source: coindesk.com
Why? For Users
FUN
Community
Mining
Currency trading
Maybe get rich!
Bitcoin Biggest
Most valuable
Dogecoin Silliest
Has the Best community
Not All Coins Are Equal
Source:
coinmarketcap.com
Developments - Mining
Old School - By mining it using SHA-256. Recommended to use ASICs systems.
( Application-specific integrated circuit )
SHA-256 - Bitcoin
Other algorithms
Scrypt-N, X11, X13 - Vertcoin, Darkcoin, CloakCoin
(Focusing on Ajustable RAM usage)
More Developments
Proof of Stake (PoS) - Earn coins by holding them (like interest)
Pandacoin (PND), Reddcoin, Bottlecaps
Improved anonymity
Darkcoin, Monero, AnonCoin
GPU Mining
Download:
Mac Miner
cgminer & more
Buying and selling to earn more
Cryptocurrency
Exchanges
Mintpal
Cryptsy
Bittrex & more
Bibliography:
• https://bravenewcoin.com/
• https://www.cryptocompare.com/coins/guides/what-is-scrypt/
• https://en.wikipedia.org/wiki/Blockchain
• https://www.coindesk.com/bitcoin-hash-functions-explained/
• https://coinsutra.com/bitcoin-hash/
• https://www.bitcoinmining.com/bitcoin-mining-hardware/
• https://www.cryptocompare.com/mining/guides/what-is-scrypt-n/
• https://blockgeeks.com/guides/ethereum/
• https://blockgeeks.com/guides/what-is-cryptocurrency/
• https://coinmarketcap.com/
• https://www.youtube.com/watch?v=WnEYakUxsHU - Blockchain | Alex Tapscott
• https://www.youtube.com/watch?v=RplnSVTzvnU - Blockchain | Bettina Warburg
• https://www.youtube.com/watch?v=kubGCSj5y3k - Bitcoin: How Cryptocurrencies Work