Cryptocurrencies

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Review all of the new disruptive technologies that you know, and take this opportunity to learn more about a technology that interests you!
In your report, you must discuss the following topics as related to the technology that you are researching:
1. A description of the technology, including:
o what it is, what it does, and a simple explanation of how it works
o a brief history
o what it promises to deliver to its consumers/users, i.e. the vision of the technology when it is fully realized.
2. The current state of the technology as opposed to its envisioned state, including current limitations, barriers etc.
3. What potential impacts does the technology have on consumers?
4. What potential impacts does the technology have on businesses?
5. Discuss a potential application of this technology that you believe will be the most disruptive to business or will have the most impact on society. Explain and support your selection

o Bitcoin and Cryptocurrencies
1. Compare and contrast Bitcoin with two other cryptocurrencies of your choosing. Assess these three cryptocurrencies along the dimensions of technological viability, investment potential, and business impact.
2. Make a prediction regarding the future of cryptocurrencies. In your opinion, will they be good or bad long-term investments? Explain your answer.

 

 

Sample Solution

Cryptocurrency is a digital payment system that doesn’t rely on banks to verify transactions. It is a peer-to-peer system that can enable anyone anywhere to send and receiving payments. Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders. The first decentralized cryptocurrency was Bitcoin, which first released as open-source software in 2009. As of March 2022, there were more than 9,000 other cryptocurrencies in the marketplace, of which more than 70 had a market capitalization exceeding $1 billion. Cryptocurrencies promise to revolutionize the financial market due to tow main features: security and decentralization.

at times supplanted by a quick n-bit convey spread viper. A n by n exhibit multiplier requires n2 AND doors, n half adders, and n2 , 2n full adders. The Variable Correction Truncated Multiplication technique gives a proficient strategy to re-ducing the power dissemination and equipment necessities of adjusted exhibit multipliers. With this strategy, the diagonals that produce the t = n , k least critical item pieces are disposed of. To make up for this, the AND doors that create the halfway items for section t , 1 are utilized as contributions to the changed adders in segment t. Since the k excess changed full adders on the right-hand-side of the cluster don’t have to create item bits, they are supplanted by adjusted decreased full adders (RFAs), which produce a convey, yet don’t deliver a total. To add the consistent that revises for adjusting mistake, k , 1 of the MHAs in the second column of the exhibit are changed to altered concentrated half adders (SHAs). SHAs are identical to MFAs that have an informat

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