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Cryptocurrency Zili Zhou.

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Presentation on theme: "Cryptocurrency Zili Zhou."— Presentation transcript:

1 cryptocurrency Zili Zhou

2 overall A virtual currency secured by cryptography and codes
Replaces state-backed currencies with a digital version of cash More than 1500 types of cryptocurrencies First released: 2009-Bitcoin Market cap: $250~billion

3 Top 3 popular types Bitcoin Bitcoin Cash Litecoin

4 Bitcoin Released: 2009 Peer-to-peer, decentralized
1 MB block size within the blockchain Crypto algorithm: SHA-256 Market cap: $16.8 million Per token value: $

5 Bitcoin cash (bch) Released: 2017
An updated version of Bitcoin, operate almost identically Increase the block size to 8MB Market cap: $4.87 billion Per token value: $274.17

6 Litecoin Released: Pumps out four times as many coins as Bitcoin
Processes transactions more quickly and discourages the kind of high-volume but very small transactions Crypto algorithm: Scrypt Market cap: $2.63 billion Per token value: $43.41

7 Cryptocurrency vs. real money
Fiat currency Decentralized Digitized and anonymous transaction Non-reversable transaction Little or no fees Market cap: $250 billion Price and value of one token is highly volatile Centralized Governments and banks could easily track each transaction Transactions could be reversed or stopped externally Various fees Much more broadly accepted Currency value is fixed

8 conclusion Fiat currency is overall a better choice for small to middle investors who would like to earn money with risks as low as possible Crypto investment requires enough fund, ambitions, risk management, etc. Individuals should make investments based on their own financial plans and strategies

9 Work cited Reynard, Cherry; “The 10 Most Popular Cryptocurrencies in 2018”; The Telegraph; May. 25th, 2018; popular-cryptocurrencies-2018/ Greenberg, Andy; “Crypto Currency”; Forbes; Apr.10th, 2011; andresen-crypto-currency.html#4e2ff588353e “What is Bitcoin Cash?”; Bitcoin.com; Fernando, Jason; “Bitcoin vs. Litecoin: What’s the Difference?”; Investopedia; Apr.21st, 2019; whats-difference.asp Coin Market Cap;


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