what-is-a-cryptocurrency
1.What is a Cryptocurrency? How is it different from the traditional “Fiat Money” such as the Canadian dollar?
2. Explain the differences between “Bitcoin” and “Ripple” – two of the most popular
Cryptocurrencies?
3. Assume that your group wants to launch its own Cryptocurrency called the “DALCoin”.You want DAL students, faculties, administrators, and others to use the “DALCoin”
to pay for university tuitions, salaries, and as the medium of exchange for any transactions
across campus and beyond. Explain the various steps you need to follow before
you could launch your “DALCoin”. Under what circumstances do you believe that
“DALCoin” would be successful Cryptocurrency within DAL and beyond?
