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A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Cryptocurrency can be an exciting opportunity for investors, and trading digital currency is increasingly mainstream. But cryptocurrency can feel complex and overwhelming if you’re not familiar ...
Bitcoin was designed by its inventor, Satoshi Nakamoto, to work as a currency. [3] [4] It is commonly referred to with terms like: digital currency, [5]: 1 digital cash, [6] virtual currency, [7] electronic currency, [8] digital gold, [9] or cryptocurrency. [1] [a] The question whether bitcoin is a currency or not is disputed. [1]
A cryptocurrency wallet can be used to store the public and private keys which can be used to receive or spend the cryptocurrency. The cryptographic systems used allow for decentralisation; a decentralised cryptocurrency is fiat money but one without a central banking system. In terms of total market value, Bitcoin is the largest cryptocurrency ...
Cryptocurrency was the single hottest investment story of the 2010s. Through most of the 2000s, it didn't exist. Now, it's hard to get through a single week without a new digital currency making
Along with blockchain and initial coin offering.
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity (person or persons). [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation.
Now with a reported 15,000 or more cryptocurrencies in existence, it makes less sense than ever to define the industry as “Bitcoin and then everything else.” Bottom line