Cryptocurrency

  • Cryptocurrency — This is the form of digital assets.
  • Use the money to buy assets.
  • Exchanges the assets with online goods or services.
  • Cryptocurrency is encrypted with decentralized digital currency.
  • Here the transactions are managed by blockchain technology and the records are so secure.
  • In 2008 the cryptocurrency is created and the owner is concealed but the pseudonym developer is “SATOSHI NAKAMOTO”. At now this time the identity of Satoshi Nakamoto is still hidden and secret.
  • They used some paper the name is SHA-256.
  • The account cannot be frozen
  • Decentralized
  • Transaction between peer-to-peer
  • Bitcoin is easy as an email
  • Lees fees
  • Transparent public ledger
  • It creates a transaction
  • The transaction broadcasted with peer to peer network with nodes
  • Validates the transaction
  • Some of the few transactions create a new block
  • Bitcoin
  • Cardano
  • Bytecoin
  • Ripple
  • Litecoin

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