CRYPTO CURRENCY


Bitcoin is a crypto currency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

The crypto currency market has been growing rapidly in the last couple of years. Crypto currency is one of the best investments you can make in 2018 and beyond.

What is Crypto currency?

Crypto currency is a virtual currency or digital currency. Which is transferable worldwide and it’s a user to user payment platform. It is totally controlled by block chain technology.

It all started with Bitcoin, but the technology behind it, Block chain technology, has already been adopted by several industries. As crypto currencies continue to grow, these businesses are beginning to implement the technologies behind it into their own operations.

Advantages:

The advantages of crypto currency or digital currency can be quite attractive due to their stable value, lack of intervening third party, decentralization, and a variety of other benefits. This makes them a popular choice for small business owners looking to bypass the use of intermediaries when making payments, buying or selling products and services.

Disadvantages:

Crypto currencies are digital forms of currency that exist primarily in the online realm. They’re unregulated by any central bank and can be used for worldwide transactions. This makes them attractive to people living in high-inflation countries, speculators, and criminals.

Names:

If you’re considering investing in crypto currency, it’s important to understand how a currency gets its value. Here are some examples of crypto currency names that have seen huge surges in value over the past year- Bitcoin, Ethereum, Binance Coin and so on…

You may have heard of the term crypto currency and how it could potentially be the future. Crypto currency, also known as digital currency or virtual currency, is a digital asset designed to work as a medium of exchange using cryptography to secure transactions.

Conclusion:

Crypto currencies have become a popular way of conducting transactions quickly and securely. These online digital tokens are valuable, tradable assets based on block chain technology. The block chain is a decentralized, digital public ledger that records every transaction made in Bitcoins or other altcoins. It also keeps track of all the transactions across numerous computers so the data isn’t stored on any single server.

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Lavi- IX

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