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The Blockchain revolution

The Blockchain revolution

Slides for a lightning talk on the Blockchain revolution:
- what is a Blockchain
- why will it change the world
- what can you do in order to participate in the Blockchain revolution

lenkodonchev

August 03, 2017
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  1. The BlockChain
    Revolution
    Lenko Donchev
    Twitter: @lenkodonchev

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  2. What is the BlockChain revolution?
    ● Something that you don’t want to miss
    ● The BlockChain revolution will change the world
    ● A Bank in your pocket: no counterparty risk. No Middle man. Just you and
    your money. Cryptographically secured Bank in your pocket.
    ● Be your own Government - print money at home by mining it
    ● Send money to friends and family with very low fees
    ● Built in inflation protection - limited supply
    ● Send value over communications channel (something like e-mailing a gold
    coin)
    ● Solves the distributed consensus problem

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  3. BlockChain - A Chain of Blocks
    ● Immutable data structure similar to a linked list
    ● Cryptographic fingerprints
    ● Append only
    ● Links to previous blocks
    ● The fingerprints are easy to verify but hard to generate (something like a one
    way function)
    ● Generating the fingerprints is very computationally intensive. This difficulty
    is what makes the network secure.

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  4. How to participate in the Blockchain revolution?
    ● Buy cryptocurrencies
    ● Mine cryptocurrencies (print money at home)
    ● Stake cryptocurrencies (print money at home)
    ● Participate in ICOs(Initial Coin Offerings) (lose money at home)
    ● Contribute to Open Source Cryptocurrency projects
    ● Participate in Air Drops. Free money (ByteBall, Stellar Lumens, BitCore)

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  5. Print Money at Home (Cryptocurrency mining)
    Fantomcoin (FCN)
    Bytecoin (BCN)
    DigitalNote (XDN)
    PIVX
    BitBean

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  6. Participate in ICO (Initial Coin Offering)
    (Lose Money at Home)
    Tezos
    BOSCoin
    ● Similar to IPO (Initial Public Offering)
    ● Some are scams
    ● High chance of losing money

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  7. Participate in Open Source BlockChain projects
    IOHK Cardano - Haskell
    Tezos - oCaml

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  8. The BlockChain Revolution
    Give it a Try!

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