Encrypted, Blockchain-Based Cryptocurrencies are Popular Today - IT/Computer Science Assignment Help

ASSIGNMENT TASK:

TASK:

Question

Encrypted, blockchain-based cryptocurrencies are popular today. What is the difference (if any) between:
• Bitcoin, and
• Etherium (or any other cryptocurrency that isn’t Bitcoin, such as Zcash). If all cryptocurrencies seem bad to you, feel free to recommend not to use any.
 

Assignment Scenario
A major company has asked you to assess two similar technologies, from a big-picture view (without too much technical detail), to help them decide which alternative they should use. The general idea is for your report to:
 

1. Describe the two technologies.
 

2. Compare and contrast the two technologies. What are their good points and (more interestingly) their bad points or weaknesses?
 

3. Finally, what is your personal recommendation of which should a data-oriented company use? Explain why, perhaps by comparing their good points and bad points. If all options seem bad, feel free to recommend “none of the above”.

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