Cryptocurrency For dummies !

Definition: 
 A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

Meaning:

The word ‘crypto’ in cryptocurrency means secret, to hide something, or code language ‘currency’ means money so cryptocurrency is secret or hidden money. Cryptocurrency is a online digital transaction between 2 person where they send their money without involving or trusting the 3rd party. They don’t need anyone’s permission for giving their money to other person. They are their own boss no need to accept terms and conditions of the 3rd party.

The central bank or governments are the 3rd party for the normal paper money. We have to asked them and accept their terms and conditions to give money to the others.

Sending cryptocurrency hides the actual identity of a person. In order to send cryptocurrency, you only need the user id and password.

Story of a cryptocurrency:

 In 1990’s many people try to create cryptocurrency but no one has succeeded but the one’s which was closest to cryptocurrency system were :

  • Digicash
  • Hashcash
  • B-money

In January 2009, Satoshi Nakamoto introduced bitcoin. Bitcoin is famous and was world’s first cryptocurrency. Satoshi Nakamoto was unknown to everyone no one knows him and suddenly in 2011, he was disappeared. After many years of invention of bitcoin people start taking interest in it and starts the transactions. There were six things in order to called cryptocurrency and they were:

  1. Digital money
  2. Peer to peer
  3. Global
  4. Encrypted
  5. Decentralized
  6. Trustless

Bitcoin have all these things, bitcoins transactions were only done in computer it is digital system, bitcoin was transfer from person to person, bitcoin was used globally, bitcoin is encrypted real identity of a person is hidden, bitcoin is decentralized every person is their own boss no one has to accept any terms and conditions in order to send bitcoin, bitcoin is trustless you don’t need trust any 3rd party.

Impact of cryptocurrency:
Other upcoming cryptocurrencies are making significant impacts as well. Beyond digital transactions, newer projects are specifically focusing on helping the unbanked, making blockchain technology more scalable, and providing functional interfaces.

As these and more cryptocurrencies continue to improve the finance sector, it won’t be long before our current financial infrastructure is a thing of the past.

Cryptocurrency For dummies

Definition: 
 A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

Meaning:

The word ‘crypto’ in cryptocurrency means secret, to hide something, or code language ‘currency’ means money so cryptocurrency is secret or hidden money. Cryptocurrency is a online digital transaction between 2 person where they send their money without involving or trusting the 3rd party. They don’t need anyone’s permission for giving their money to other person. They are their own boss no need to accept terms and conditions of the 3rd party.

The central bank or governments are the 3rd party for the normal paper money. We have to asked them and accept their terms and conditions to give money to the others.

Sending cryptocurrency hides the actual identity of a person. In order to send cryptocurrency, you only need the user id and password.

Story of a cryptocurrency:

 In 1990’s many people try to create cryptocurrency but no one has succeeded but the one’s which was closest to cryptocurrency system were :

  • Digicash
  • Hashcash
  • B-money

In January 2009, Satoshi Nakamoto introduced bitcoin. Bitcoin is famous and was world’s first cryptocurrency. Satoshi Nakamoto was unknown to everyone no one knows him and suddenly in 2011, he was disappeared. After many years of invention of bitcoin people start taking interest in it and starts the transactions. There were six things in order to called cryptocurrency and they were:

  1. Digital money
  2. Peer to peer
  3. Global
  4. Encrypted
  5. Decentralized
  6. Trustless

Bitcoin have all these things, bitcoins transactions were only done in computer it is digital system, bitcoin was transfer from person to person, bitcoin was used globally, bitcoin is encrypted real identity of a person is hidden, bitcoin is decentralized every person is their own boss no one has to accept any terms and conditions in order to send bitcoin, bitcoin is trustless you don’t need trust any 3rd party.

Impact of cryptocurrency:
Other upcoming cryptocurrencies are making significant impacts as well. Beyond digital transactions, newer projects are specifically focusing on helping the unbanked, making blockchain technology more scalable, and providing functional interfaces.

As these and more cryptocurrencies continue to improve the finance sector, it won’t be long before our current financial infrastructure is a thing of the past.

How to make Usb-bootable

Overview

                            Many of us used to install operating systems in our system using compact disk, but now many of us don’t      have CD/DVD-ROMs so we can use the Compact disk and install the operating system. so, its now issue with most people to install OS using removable drives (USB’s).

Bootable Usb: 
                   Bootable usb’s are alternatives to the disk drives to install operating systems. we download the ISO file and then make usb the source of operating system using that ISO and later we can use it many time as we want.

Methods to make usb bootable:
 there are several software’s through which one can make USB bootable for system some of which are follow.

  1. Windows USB/DVD Download Tool

http://ccm.net/download/download-20420-windows-7-usb-dvd-tool

  • Rufus

https://rufus.akeo.ie/

Installation

To install the first option which is Windows USB/DVD Download Tool follow steps

https://www.microsoft.com/en-us/download/details.aspx?id=1639

System requirements (minimum)

  • Windows XP SP2, Windows Vista, or Windows 7 (32-bit or 64-bit)
  • Pentium 233MHz processor.
  • At least 50MB of free space on your hard drive.
  • DVD-R drive or 4GB removable USB drive.

To make a copy of your Windows ISO file:

  • open the Windows USB/DVD Download Tool.
  • Give the location where ISO is installed and click next
  • Select the disk you want to make bootable
  • Format the disk and start copying data
  • When your Windows ISO file is copied to your drive, install Windows by moving to the root folder of your DVD or USB drive

How to install boot the window from usb

  1. Connect the bootable usb to the system .
  2. Restart your system  and press enter in  the boot selection menu ,such as the Esc/F10/F12 keys from keyboard . Select the option that boots the PC from the USB flash drive.

Windows Setup will automatically starts. Follow the instructions to install Windows.

  • Remove the USB flash drive.

How to access blocked Apps and Sites through your Smartphone

A VPN is a Virtual Private Network that will enable users to access blocked sites (and apps) in this case. A VPN works by allowing an internet user to access any private network remotely by the help of, or by going through a private network.

Need for a VPN:

VPNs are used in case you don’t want your identity to be known. It hides your ID to some extent.

The most important reason for a VPN to be used is to access blocked sites including Facebook, Google etc.

It can also be used on an android device to access blocked apps. In times of chaos and crisis the most common practice among governments is to block access to social media apps. We believe it is not the government’s right to do so.

TOR:

Tor is in actuality a free open-source software for maintaining a user’s internet identity anonymous. It is in use and has been used in the past, by journalists, whistle blowers etc.

The way it works is that it bounces your communication around the world to a number of relays. These relays have been setup by volunteers all around the world. TOR not only hides what sites you are visiting from anyone watching your connection but it also hinders websites trying to know your location. And of course It will let you access blocked sites.

Let’s Begin.

  1. Open Google Play app Store. Search for TOR.
  • Click on the install button of the app Orbot: Proxy with Tor to download it and open it.
  • Open the app by clicking on the ORBOT(Onion) Icon.
  • Once the app is opened you will be able to see the following.
  • Tap on the ONIONSTART icon. You will see the following screen.
  • If you want to unblock internet access to the blocked apps, tap on the VPN Mode and click on the   Icon. The following screen will appear.
  • Select the apps that you want and press the return key.
  • Now access all that you want. If you want to stop orbot just open the app and tap on the ONION icon to switch it off.
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