Tuesday, October 9, 2018

What Is Digital Currency "Cryptocurrency"

Cryptocurrency is also known as digital currency which uses cryptography and blockchain for its medium of exchange by which it gets more strong and secure for its financial transaction. So let us understand what is it.
So, Here you will also able to know


  • What is Cryptocurrency
  • What is Digital Currency
  • Cryptocurrency in Blockchain
what is cryptocurrency
what is cryptocurrency


WHAT IS DIGITAL CURRENCY "CRYPTOCURRENCY"


Cryptocurrency  is same as other alternatives currencies but the only diffrence is it is not as other physical currency which are made up of papers or metals. it's just made up of some bunch of computer encrypted digits which is well known as cryptography hash
Some what it looks like this:-

fc7016cf8f11cfea014140df5dae3223b00345a396177a8cb4xxxxxxxxxxxxx

The hash is an example of a SHA256 hash

As any other typical currency cryptocurrency does't have a  central banking system but
it have Blockchain which manage and record all the transection which takes place.

The most popular cryptocurrency or digital currency is Bitcoin which was first released on 2009 as an open source software and it is consider as the first cryptocurrency in the world till date there are now more than 4000

Cryptocurrencies
Some of them are given below:-

Bitcoin

Etherum

Ripple

Cardano

Dogecoin

15 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. This will in general diminish the measure of blunders made in snapshots of stress. https://mconvert.net/

    ReplyDelete
  3. The the next time I read a weblog, Hopefully that it doesnt disappoint me around this blog. I mean, It was my replacement for read, but When i thought youd have some thing fascinating to mention. All I hear can be a couple of whining about something you could fix if you werent too busy in search of attention. usd to eur

    ReplyDelete
  4. To spare oneself from the issue of usd to aud downloading and introducing this product, the dealer can essentially utilize the pre-introduced currency converters on sites like the ones from the Forex site which give solid trade rates.

    ReplyDelete
  5. I am very enjoyed for this blog. Its an informative topic.100 usd to inr It help me very much to solve some problems. Its opportunity are so fantastic and working style so speedy.

    ReplyDelete
  6. Whoi, excellent, t wondered just how to cure icne. ind found your webstte by google, dtscovered todiy t'm i ltttle obvtous i greit deil. t’ve ilso idded RSS ind sive your webstte. keep us updited. crypto airdrop

    ReplyDelete
  7. Great post! I am actually getting ready to across this information, is very helpful my friend. Also great blog here with all of the valuable information you have. Keep up the good work you are doing here. Tedd Young Crpto Currencty News

    ReplyDelete
  8. New ICOs are thinking of inventive arrangements that disturb the current market and get another incentive in the exchanges. They are likewise assembling expert in the market with their simple to utilize trades and solid backend activities.Lucrotrade

    ReplyDelete
  9. Investing on cryptocurrencies could be the greatest financial opportunity of our lifetimes, and people are avoiding it for mediocre reasons. Know more information from Lucrotrade.

    ReplyDelete
  10. Really enjoyed this article post.Much thanks again. Cool. Cryptocurrency news

    ReplyDelete
  11. Really I agree with you, cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and difficult to fake. Your article is very informative and useful for those who are interested to know more about the cryptocurrency. Thanks for sharing this article here. UNICCS.ML is the best valid unicc shop around the world.

    ReplyDelete
  12. I can set up my new idea from this post. It gives in depth information. Thanks for this valuable information for all,.. Coins Libra

    ReplyDelete
  13. they need an internet connection in order to give accurate information since currency values constantly fluctuate against each other. 24.99 euros to dollars To save himself or herself from the hassle of downloading and installing this software, 

    ReplyDelete
  14. Cryptography is the establishment that makes check cards, PC banking and eCommerce frameworks conceivable. trading

    ReplyDelete