CryptoCurrency

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CryptoCurrency by Mind Map: CryptoCurrency

1. Crypto-Currency Beginnings (Arron)

1.1. Silk Road

1.1.1. TOR

1.1.2. Ross Ulbricht

1.2. Anonymous Purchasing

1.2.1. Pros

1.2.2. Cons

1.3. What is crypto currency

1.3.1. History

1.3.2. First Crypto currencies

1.3.3. Cryptography

1.4. Terminology

1.4.1. Wallet

1.4.2. Address

1.4.3. BTC

1.4.4. ATM

1.5. Hackers

1.5.1. Ransom for Bitcoin

1.5.2. Targets

1.5.3. Software

1.6. Relationship

1.6.1. Beginnings

1.6.2. Future

2. Sustainability (Joey)

2.1. Flaws of CryptoCurrency

2.1.1. Volatility

2.1.1.1. Speculative investment

2.1.1.1.1. Fluctuation of price

2.1.2. Stop being made/released

2.1.2.1. Less incentive for a miner to mine

2.1.3. Solutions

2.1.3.1. periodically release more cryptocurrecny as the value of the currency raises

2.2. China

2.2.1. Banning of Cryptocurrency

2.2.1.1. Shut down of Bitcoin exchanges

2.3. North Korea

2.3.1. Cryptocurrency war chest

2.3.1.1. South Korea

2.3.2. Hackers

2.3.2.1. WannaCry Virus

2.3.2.1.1. Ransoms of Bitcoin

2.3.3. Result of U.S. trying to isolate NK

2.4. Future of cryptocurrency

3. Regulation

4. Bitcoin (Damian)

4.1. Founder

4.1.1. Satoshi Nakamoto

4.2. Value

4.2.1. Past

4.2.2. Present

4.2.3. First transaction

4.3. Market

4.3.1. Frequent shift in value

4.3.2. MT.Gox

4.3.3. Overstock

4.3.4. Limited supply

4.4. Form

4.4.1. Physical

4.4.2. Digital

4.5. Investments

4.5.1. Advantages

4.5.2. Disadvantages

5. Ethereum (Mark)

5.1. Blockchain

5.1.1. Decentralized Ledger

5.2. DApps

5.2.1. Everex

5.2.2. Status

5.2.3. Vdice

5.3. Ether

5.3.1. Price

5.3.1.1. Volidity

5.3.1.2. Uncertainty

5.3.2. Market Cap

5.3.2.1. Rise

5.3.3. Hard Fork

5.4. Founder

5.4.1. Vitalek Buterin

5.4.1.1. Background

5.4.1.2. Vision

5.5. DAO

5.5.1. Vision

5.5.2. Failure

5.6. Problems

5.6.1. Fraud

5.7. The Enterprise Ethereum Alliance

5.7.1. Cisco

5.7.2. Microsoft

5.7.3. Intel

5.7.4. Mastercard

6. Mining coins(Julie)

6.1. Mining Technologies

6.1.1. Hardware/Comparisons

6.1.1.1. ASIC

6.1.1.2. CPU

6.1.1.3. GPU

6.1.1.4. FPGA

6.1.2. Cloud Mining

6.1.2.1. Advantages

6.1.2.2. Disadvantages

6.2. Software

6.2.1. Blockchain

6.3. Pooled Mining

6.3.1. Approaches

6.3.1.1. Slush Approach

6.3.1.2. Pay per share

6.3.1.3. Full pay per share

6.3.1.4. Pool2Pool

6.3.2. Comparisons of Approaches

6.4. Solo Mining

6.4.1. Pros

6.4.2. Cons

6.5. Competing for coins

6.5.1. Methods