Kinds of Cryptocurrency – I

Kinds of Cryptocurrency – I Since bitcoin have been introduced, hundreds of cryptocurrencies enter the market. Many alternative cryptocurrencies or altcoins have been launched – following the success of Bitcoin, and they have grown into 700 in number. Some are being sold cheaper than Bitcoin, while some tend to be more accessible than Bitcoin. In this section of the book – 12 of the most popular cryptocurrencies will be told. Maybe you already heard about…

"Kinds of Cryptocurrency – I"

Cryptocurrency

Cryptocurrency Cryptocurrency is a virtual currency that uses cryptography to secure every transaction made, thus counterfeiting this kind of currency is very impossible to do because of this security feature. The invention of the so called digital currency is not really intended by Satoshi Nakamoto the inventor of Bitcoin, which is the first cryptocurrency. In 2008, Nakamoto said that he has developed a “Peer-to-Peer Electronic Cash System,” and announced the first release of Bitcoin in…

"Cryptocurrency"