The World of Virtual Currency
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Transcript of 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.
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]
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
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.
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.
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.
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.
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.
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.
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
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.
THANK YOU
Vishnu Singh Chundawat
JAN2
9016
IN
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