What are cryptocurrencies, why are they important and what roles do they play?
In your answer make sure you explain the concept of the blockchain. In preparing your report,
choose a cryptocurrency and describe its functions. Start by reading their white paper. For
example, you can choose coins such as Ethereum, Vertcoin, Tron, Bitcoincash, etc.
If you choose Bitcoin, please make sure you describe and explain what the Lightning Network is.
Your report should be written for a general audience. Avoid jargon and over-technical language.
If you use technical language, make sure you explain concepts and provide definitions.
Sample Solution