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CryptoScience

The Monies of Today and Tomorrow

CryptoScience
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ISBN: 978-87-403-2580-5
1 edition
Pages : 44
  • Price: 75.50 kr
  • Price: €8.99
  • Price: £8.99
  • Price: ₹150
  • Price: $8.99
  • Price: 75.50 kr
  • Price: 75.50 kr

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About the book

  1. Description
  2. Content

Description

While a digital currency is the electronic version of a currency, it is different from cryptocurrency since it requires no encryption to be generated or transfer. On the other hand, a cryptocurrency uses digital encryption for all its usage, right from creation to transfer. It is not issued by a central financial authority, like a National Bank, and is globally accepted. Cryptocurrencies are of interest to the public, largely due to the fact, that ownership of the currency can be independently verified and since the currency is digital, it can never be seized by an enforcement authority.

About the author

Karan Chopra is the CEO of G2One Network, one of India’s fastest growing providers of media services. With over 22 brands under their banner and clients from all over the globe, Karan has been handling internet-based businesses through his New Delhi, India-based Company for over past five years.

Content

  1. Cryptocurrency
    1. History
  2. How Cryptocurrency Works 
    1. Technology 
    2. Proof of work 
    3. Proof of Stake 
    4. How Ethereum works 
  3. Response 
    1. Institutional 
    2. Public 
  4. Opportunities with Cryptocurrencies 
    1. Financial Savings through blockchain 
    2. Time savings 
    3. Removal of Middlemen 
    4. Changing Loan Stock 
    5. New Age of Payments 
    6. List of organizations that accept BitCoin 
  5. Threats with Cryptocurrencies 
    1. Power Hungry Currencies 
    2. Cost of storage 
    3. No Rectifying errors in Blockchain 
    4. 51% attacks 
    5. Tragedy of commons 
    6. Legal Or Illegal? 
    7. Loss and Fraud 
    8. Darknet 
  • Conclusion 
  • References 
  • Endnotes

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