1 / 3

Blockchain Education or Cryptocurrency Boom?

Blockchain a radically oppertune way of sharing information being a valuable and transformative new age technology. This fact begs the question why this? why now?

kailasdx
Download Presentation

Blockchain Education or Cryptocurrency Boom?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Blockchain Education or Cryptocurrency Boom? Blockchain a radically oppertune way of sharing information being a valuable and transformative new age technology. This fact begs the question why this? why now?  For that we need to get to the basics of cryptocurrency. Phase 1: Base Knowledge  Cryprocurrency is a base demographic on which the transations are carried for the deciples of public blockchain protocols being the fundamental base of the technology. Blockchain is therefore the father of the entire ecosystem, paving the way to carry information interchange with no bounds and boundries. Mostly   none   of   the   many   function   anything   like   currencies,   Digitally transferable assets insted holding the value of any blockchain protocol used. Evidently   cryptocurrency   development   is   the   by­product   of   blockchain development, Enabling currency exchange in the form of Initial Coin Offering under blockchain­enabled solution.

  2. Phase 2: Delt In Details Writing and executing contracts for potential users having cryptocurrency stake in protocols (like Ethereum, NEO Etc.). Networking based contracts designed for execution of specified protocols gain popularity. Popular the network, greater will be the rise in the structural value of the network tokens in question. Eminent question remanis, Why is that so? Supply for the demand outburst. Assets like gold, educates that when supply expands demand for comodities rise similarly digital currency stocks rises with value addition. The number of tokens   of   a   cryptocurrency   that   can   be   created   or   mined   are   limited. Specialized Super computers are required to do the work in quick time.   Aquisition of cryptocurrency tokens from someone who already has them could be bought. Evident demand for protocol tokens expands faster than supply,   prices   tend   to   go   up.   Cryptocurrency   exchange   value   increases inversly, blockchain development and goes on a high. Public blockchain network developed tokens form cryptocurrency playing a more direct role in the success of the network. Trading   stake   tokens   based   out   of   predicted   outcomes   in   the   market, Retrieveing rewards on falling of majority sided judgments also risk losses in tokens by predicting false outcomes. Augur’s system works hand­in­hand with REP as crowdsources predictions by aligning incentives by determinig correct outcomes. Phase 3: Decryption  Few questions aiding exploration of particular public blockchain protocols: Is blockchain and cryptocurrency a well rounded decryption tool? How will blockchain protocol deliver upscaling?  Tokens of cryptocurrency participation in decryption make sense? Does economic design play an integral role? Is inflation a key participant in its growth?  • • •

  3. There’s no perfect way to determine winners and losers in the case here. ButThere’s no perfect way to determine winners and losers in the case here. But thorough answers to these questions providing concurrent solutions for the current cryptocurrency and blockchain markets frenzy are justified.

More Related