The birth of the Bitcoin might have changed the way some companies do business, but it also led to the creation of an entirely new market. As the elusive man behind the new currency grew ever richer, competitors started looking into ways to cut themselves a large-enough piece of this pie. Over the next few years, hundred of additional cryptocurrencies were to see the light of day. As of November 2017, the list counts more than 1170 entries and grows longer with each passing hour. Bringing a currency into the world is an extremely easy yet profitable endeavor for all involved parts. With the right

Crурtо сurrеnсу is dіgіtаl mоnеу, whісh is designed іn a way thаt it is ѕесurе аnd anonymous іn ѕоmе іnѕtаnсеѕ. It is closely аѕѕосіаtеd wіth іntеrnеt that mаkеѕ uѕе of cryptography, which іѕ a process whеrе legible information іѕ converted into a соdе thаt cannot be сrасkеd tо tасk all the trаnѕfеrѕ and рurсhаѕеѕ mаdе. Why uѕе Сrурtо сurrеnсу? Onе оf the mаіn trаіtѕ оf thеѕе сurrеnсіеѕ іѕ the fасt thаt thеу аrе ѕесurе аnd thаt they оffеr аn аnоnуmіtу level thаt уоu

The terms Bitcoin and cryptocurrency are steadily entering our daily vocabulary. Many entrepreneurs have at least heard these two words once, but only a handful of them have a clear idea of their actual meaning. Nevertheless, Bitcoins play a vital role in modern business. From donations to large purchases and transfers, digital currencies are the fuel powering today’s global economy! Above all else, it is their origin that makes these currencies extremely peculiar. While traditional cash would be issued by a sovereign government, bitcoins and the likes are mined through the use of specific

Blockchain technology may sound intimidating or confusing. So, here is an explanation with the basics. Essentially, it is a way for one internet user to transfer an exclusive piece of electronic property to another internet user, such that the exchange is assured to be protected and safe, everyone knows that the exchange has taken place, and nobody can challenge the authenticity of the exchange. The consequences of this breakthrough are hard to overstate." From a cruising altitude, a blockchain might not look that different from things you’re familiar with, say Wikipedia. With

If you are wondering about what’s all the hoopla about bitcoin and cryptocurrency, you have landed at the right place. This article will cover detailed information of cryptocurrency and bitcoin, right from the basics of these terms to the factors that have led to their popularity. Continue reading to know more information about cryptocurrency and bitcoin. What is Cryptocurrency? Cryptocurrency is a totally decentralized payment system. By being decentralized, it is implied that each individual using this payment system has equal authority. This payment system allows people to exchange currency