What is cryptocurrency? Cryptocurrency is the term used to describe digital currency. Cryptocurrency is a type of digital currency that uses cryptography to secure transactions, control the creation of units of account and verify the transfer of funds. The security provided by cryptographic techniques makes it possible for users to conduct financial transactions over the […]
Category: Ethereum
What Is Ether?What Is Ether?
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Ether (ETH) is a cryptocurrency that was created by Vitalik Buterin in 2014. It is the second largest cryptocurrency in terms of market capitalization, after Bitcoin. Ether has an ether unit, which is also called a “ether” and abbreviated as ETH. Ether can be mined by using special software known as Ethereum miners. The mining […]
What Is Cryptocurrency?What Is Cryptocurrency?
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The term cryptocurrency is used to describe digital money or currencies that use cryptography for security. Cryptography is the practice of using encryption and decryption algorithms to encode information in such a way that only those with access to the algorithm can read it. Cryptography is the process of converting data into a code that […]
What Are Smart Contracts?What Are Smart Contracts?
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Ethereum is an open source, public, blockchain based distributed computing platform featuring smart contracts. It was created by Vitalik Buterin, a Russian computer scientist and cryptocurrency developer, in 2013. Ethereum has become one of the most popular cryptocurrencies because it has a high level of functionality and it has a large community of developers who […]
What Are Cryptocurrencies?What Are Cryptocurrencies?
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If you’re like me, you’ve been hearing about bitcoin and other cryptocurrencies for years. I remember when it was first mentioned on TV, and how it seemed like something that could change the world. But now, as it has become more mainstream, it’s hard to imagine a world without it. Cryptocurrencies have become a part […]
Buy And Sell CryptocurrenciesBuy And Sell Cryptocurrencies
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In recent years, the cryptocurrency market has been on a steady growth. The reason behind this is that people have started to realize that there is something more than just fiat money in the world of cryptocurrency. People have realized that there is an underlying value which can be converted into any currency and is […]
What Is Cryptocurrency?What Is Cryptocurrency?
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The term “cryptocurrency” was coined in 2008 by an anonymous person or group of people, and is an electronic currency that uses cryptography to secure transactions and to control the creation of additional units. Cryptography is the process of using codes and encryption algorithms to protect data from being read or changed by unauthorized parties. […]
Why Are People Interested in Investing in Cryptocurrency?Why Are People Interested in Investing in Cryptocurrency?
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Cryptocurrency is an emerging market and it is a market that has seen a tremendous amount of interest. The fact that this market is still in its infancy makes it even more exciting for those looking to invest. However, it is important to understand the difference between cryptocurrency and digital currency. Digital currency is a […]
Ethereum – A Brief OverviewEthereum – A Brief Overview
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What is Ethereum? Ethereum is an open source, decentralized platform that runs smart contracts. It’s an open network of computers that run programs written in a programming language called Solidity. The platform uses blockchain technology to process transactions and enable users to create applications. What is Smart Contracts? Smart contracts are a type of computer […]
What Is Bitcoin?What Is Bitcoin?
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It’s hard to say exactly when the first bitcoin was created. However, it is widely accepted that the first bitcoin was created by Satoshi Nakamoto in 2009. Bitcoin was designed to be a decentralized digital currency. This means that there is no central bank or government that controls how much of this currency can be […]