CRPTOCURRENCY Flashcards
BITCOIN WAS INTRODUCED IN
2009
BASED ON OPEN SOURCE PROTOCOL
NOT ISSUED BY GOVT.
MSIDENTITY SUPPOSED TO BE OF GRP INTRODUCED BOTCOIN AFTERMATH OF 2008 FINANCIAL CRISIS
SATOSHI NAKAMOTO
SMALLER FRACTION OF BITCOIN
RECORD OF BITCOIN
BLOCKCHAIN
BITCOIN …….UNIT CAN ONLY BE CREATED
ONLY 21 MILLION
NFT OR NON FRUGILE TOKEN
IS A DIGITAL OBJECT CERTIFICATE OF AUTHENCITY CREATED BY BLOCKCHAIN TECHNOLOGY
EXCHANGE AND SOLD WITH CRTIFICATE THUS , HOLD DIFFERENT VALUE
FIRST SALE OF PAINTING USING NFT
HOUSE CHRISTIES BY ARTIST BEEPLE
$70 MILLION
FIRST GROUP RELEASE ALBUM USING DIGITAL TOKEN
ROCK BAND KINGS OF LEON
ETH (ETHEREUM BLOCKCHAIN )IS WORLD …….NO. OF CRPTO
SECOND LARGESTS
COUNTRY TO RECOGNISE BITCOIN AS LEGAL TENDER
EL SALVADOR
IS GOING BUILT A CITY USING BITCOIN
PRESIDENT : NAYIB BUKELE
CRPTO WILL COME UNDER
PMLA 2002
LITECOIN
PEER TO PEER CRYPTO AND DOPEN SOURCE SOFTWARE
LITE COIN INTROSUCED IN
2011
CREATED BY CHRRLIE LEE
INDIAS FIRST BITCOIN EXCHANGE ANAD MERCHANT PROCESSOR
UNOCOIN (2014_)
BY VIKRAM NIKKAM AND SATHVIK VISHWANATH
2017 RBI SET UP A …
SUBHAS GARG COMMITTEE
2020
SC REMOVED BAN ON CROPTO IMPOSED BY RBI IN 2019