Tag Archives: bitcoin

What Is a Cryptocurrency?

by edd In specialty-coffee-green-coffee-beansTags:

A cryptocurrency or cryptocurrency (cryptocurrency of the Saxon) is a virtual currency that serves to exchange goods and services through a system of electronic transactions without having to go through any intermediary. The first cryptocurrency that started trading was Bitcoin in 2009, and since then many others have emerged, with other features such as Litecoin, Ripple, Dogecoin, and others. What is the advantage? When comparing a cryptocurrency with the money in the ticket, the difference is that: They are decentralized: Read More

Bitcoin: What Is It, and Is It Right for Your Business?

by edd In specialty-coffee-green-coffee-beansTags:

OK, so what’s Bitcoin? It’s not an actual coin, it’s “cryptocurrency,” a digital form of payment that is produced (“mined”) by lots of people worldwide. It allows peer-to-peer transactions instantly, worldwide, for free or at very low cost. Bitcoin was invented after decades of research into cryptography by software developer, Satoshi Nakamoto (believed to be a pseudonym), who designed the algorithm and introduced it in 2009. His true identity remains a mystery. This currency is not backed by a tangible Read More