What Cryptocurrencies Are? All The Information You Need To Know About Cryptocurrencies(BITCOIN)#1
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So,Today I will Tell You All The Information About Cryptocurrrencies That You All Need To know About Cryptos.
- WHAT IS A CRYPTOCURRENCY?
A Cryptocurrency is A Digital Assest Designed To Work As A Medium Of Exchange Between Traders On the Internet.It is A Kind of Digital or Virtual currency.
It Uses Strong Cryptography To:-
- Secure The Financial Transactions
- Verify The Transfers of Assets
- To Control The Creation of Additional Units
It uses Decentralized Control Which Means It Does Not Centralize Under Any Government.The Decentralized Control of Each Cryptocurrency works Through Distributed Ledger Technology Like Blockchain Which Serves Public Financial Transaction Database.
- FIRST CRYPTOCURRENCY MINNED
The First Cryptocurrency was Minned in 3 January 2009 It was Minned or Created By A Developer Named Satoshi Nakamoto.
And He Minned About 980,000 bitcoins of His Own.
- This Was A Breif Information About Cryptocurrencies. I Hope You Liked it.
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**PART #2 COMING SOON......
useful article
Ty
very important article for beginners
Yeah
I hav don now ur turn
Done
I have voted you, pls upvote me as well.
Well written article !
My question is how crypto is created as I also want to create my coin .... ?
Crypto is created by crypto minning with the help of GPU. Stay tuned for a detailed article