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i chose bitcoin .There are more than 8,000 as of January 2022 , reflective of the fact that anyone can create a cryptocurrency .Many of
i chose bitcoin
.There are more than 8,000 as of January 2022 , reflective of the fact that anyone can create a cryptocurrency .Many of these cryptocurrencies have a minimal following or trading volume, while others have large dedicated communities of backers and investors .Assign each group one cryptocurrency to research, e.g. Bitcoin, Dogecoin, Ripple, Stellar, and Ethereum. Make sure each group selects a different cryptocurrency :Each group conduct 20 minutes of research on their cryptocurrency, and prepare answers to the following questions for their selection ?What are the exchanges where you can buy and sell this token ?What is the market cap of the token .Does the token have a limited supply? Almost every token has a limited supply and scarcity, but Dogecoin, for instance, has an unlimited supply ?What is the algorithm used for this currency, e.g., proof of stake or proof of work? How does the algorithm work, in rough terms Is there any unique technological aim of the currency, and if so, what is it? For example, Monero and Zcash are focused on anonymity, while Solana has powerful scripting .languages Is there a governing organization behind the currency? If so, what is the organization's aim? For instance, there is the Ripple Foundation, Stellar Foundation, and Bitcoin .Foundation ?What makes this currency different from other cryptocurrenciesStep by Step Solution
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