Category: Cryptocurrency

Before going to the whole concept of, What ‘Cryptocurrency’ is I would like to enlighten about the current social need and the uplifting question, ‘Why do we need Cryptocurrency and Why does it matter?’ Currently, our everyday financial transactions rely upon a trusted third party to maintain a record of transactions. For example, when you …

A cryptocurrency is a digital or virtual currency that uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled. Cryptocurrencies can be sent directly between two …