What Is Cryptocurrency

Acryptocurrency(orcrypto currency) is adigital assetdesigned to work as amedium of exchangethat usesstrong cryptographyto secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3]Cryptocurrencies usedecentralized controlas opposed to centralized digital currency andcentral bankingsystems.[4]
The decentralized control of each cryptocurrency works throughdistributed ledgertechnology, typically ablockchain, that serves as a public financial transaction database.[5]
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6]Since the release of bitcoin, over 4,000altcoins(alternative variants of bitcoin, or other cryptocurrencies) have been created. :o

15-06-2019, 05:37 PM

wafarifki Wrote: Acryptocurrency(orcrypto currency) is adigital assetdesigned to work as amedium of exchangethat usesstrong cryptographyto secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3]Cryptocurrencies usedecentralized controlas opposed to centralized digital currency andcentral bankingsystems.[4]
The decentralized control of each cryptocurrency works throughdistributed ledgertechnology, typically ablockchain, that serves as a public financial transaction database.[5]
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6]Since the release of bitcoin, over 4,000altcoins(alternative variants of bitcoin, or other cryptocurrencies) have been created. :o

and since bitcoin to many shitcoins have appeared