Cryptocurrency is a new form of money that has been created by computer software and it’s being used for investment purposes. The term cryptocurrency is derived from cryptography, which is the science of encryption and decryption. Cryptography is the process of converting information into an unreadable code so that only the intended recipient can read […]
Day: October 3, 2022
What is Bitcoin?What is Bitcoin?
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What is Bitcoin? Bitcoin is an electronic currency. It is not issued by any government or central bank, and is not backed by any material asset such as gold or silver. Instead, it is a “crypto-currency”, meaning that it is based on cryptography, and therefore has no intrinsic value. Bitcoins are produced through a process […]