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I have attaced the documemt with 2 discussions and I need to reply to each one of them in 200 words each. APA format and references are important.
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1 day ago
Krishna Mohan Arvapalli
Discussion 2
C OLLA PSE
Cryptocurrency is form of payment in which there can be exchange of money through online
such that with other companies there can be issued with own currencies in which they are called
as tokens such that they can be traded in specific ways as well as the goods and services can be
exchanged with real currency to access with the goods or services . Hence cryptocurrencies work
with a technology known as block chain such that they can be decentralized which can spread
across the way that can manage the transactional records which appeal the technology in its
security forms. The currencies modeled after bitcoin are collectively called altcoins and have
often tried to present themselves as modified or improved.
1.Ethereum:
This is the first bitcoin where the decentralized software can be enabled with the downtime
applications as well as the fraud that can be interfered from a third party. Ethereum platform and
is sought by mostly developers looking to develop and run applications. As of January 2020,
ether’s market cap is roughly 1/10 the size of bitcoins. Ethereum (ETH) had a market cap of $15.6 billion
and a per-token value of $142.54.
Like Bitcoin Ethereum is a distributed public blockchain network. Although there are some
significant technical differences between the two, the most important distinction to note is that
Bitcoin and Ethereum differ substantially in purpose and capability. Ether is also used by application
developers to pay for transaction fees and services on the Ethereum network.
2.Litecoin:
It first started in 2011, where the first cryptocurrencies where the footsteps can be often referred
as the silver bitcoin such that these are open source global payment network which can be
decoded with the help of consumer grade such that the faster transaction that can be always
useful for the global payment network for the various decodes the consumer grade in which the
faster generation can be blocked with the developers that can be effectively growing .
References
Rosic. A (March 2017) What is Ethereum? Retrieved form: https://blockgeeks.com/guides/ethereum/
Reiff. N (January , 2020) The most important cryptocurrencies other than bitcoin Retrieved from
: https://www.investopedia.com/tech/most-important-cryptocurrencies-other-than-bitcoin/
3 days ago
Rakesh Goud Cherlapally
Discussion
C OLLA PSE
Now a day the block chain and crypto currencies are impacting the information
technologies. These block chain technology and crypto currency are the technologies
that they are using by the most of the population now a days these are makes us
associates Block chain with crypto currency like Bit coin and however these
technologies are makes use in the many ways they are Lite coin , Ether and other
currencies. In those currencies Ethereum is most popular crypto currency available in
the existing currencies.Ethereum is used to make the currencies that can be used for
ethlending(Bearman & Sophie, 2017). Ethlending is where we can take the Ethereum
coins as a surety and lend the money based on the Ethereum bit coins.
There is a website that they will make the users to buy the Ethereum coins at a place
and this could be impact the bitcoins and based on these coins they are most popular
Ethereum coins that they are based on these bit coins that these coins are most important
these coins can be used very impact on the bit coin facility.Lite Coin is one of the
important bit coin and is a peer-to-peer crypto currency and this is an important and this
is an important an open source software that is build and released under the MIT license
and it is very simple to create and transfer these coins are most based crypto currency
and these are abased on the crypto graphic protocol and they are been managed but the
central authority so it si an early bit coin spin off(Nick Szabo, 2011).
Q. Is it easy to make payment by means of bit coin?
References:
Bearman, Sophie (27 October 2017). “Bitcoin’s creator may be worth $6 billion — but people
still don’t know who it is”. CNBC. Retrieved 22 July 2019.
Nick Szabo (28 May 2011). “Bitcoin, what took ye so long?”. Archived from the original on
17 February 2014. Retrieved 12 March 2014.

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