Understanding cryptocurrency facilitating
The cryptocurrency, is a variety of digital monnaiie. Contair the euros at the dollars you have in the portfre portfre portfre or on a bank account in the bank, the cryptomonnae only exists on the Internet. No tickets, no parts, just data.
Bitcoin: the pioneer of cryptocurrency
When on speaking of cryptocurrency, the first name that often comes in mind is Bitcoin. Bitcoin is the first cryptocurrency tote, created in 2009 by a person or a group of a pseudonym person of Satoshi Nakamoto. The first of Bitcoin was to cherish a decentralized currency, without having in the side of a bank or even a trusted animals.
Ethereum: more than a simple coin
But Bitcoin is not the only player on the field. There is also Ethereum, who is very well known. Launched in 2015 by Vitalik Buterin, Ethereum is more than a simple coin. It is a platform form to create and execute “intelligent contracts” or contract intelligent. That of the IT program which runs when certain conditions of remilies.
Altcoins: Bitcoin alternatives
In addition to Bitcoin and Ethereum, there are thousand ures cryptocurrencies, which are called general of “altcoin” or monnois alternatives. Each has its own carats and uses.
Why use cryptocurrency?
Maybe you wonder why use cryptocurrency? This is where the powerful concept of decentralization comes in. The cryptocurrency works on a rewind called Blockchain, which is like a large public account book where the transactions
Contrary to traditional banks which centralize information, the blockchain is distributed over thousands of Ardatherf around the world. This meant that the person really contains the whole system. No central bank, no government, jute and recess of participants.
Decentralization defendants
This decentralization brings more avoided. For example, it makes transactions faster and cheaper, especially for internal transfers. It also offers Beaucop more transparency, a car leie the world can experience transactions on the blockchain.
Conclusion
The cryptocurrency is a numerical monnia that works thanks to one and the decentralized incentralized blockchain. And even if it can be a complex Up at first, the advantage of decentralization and the possibilities offer new technologies
Good exploration in the fascinating world of cryptocurrencies!
