Introduction to Bitcoin and Blockchain Technology Bitcoin is a decentralized digital currency that uses blockchain technology as its underlying system. The concept of cryptocurrency has been around for quite some time, but it was only in the year 2009 when Satoshi Nakamoto introduced bitcoin as an electronic payment system based on mathematical algorithms. Since then, […]
Tag: blockchain technology
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 […]
Investing In CryptocurrencyInvesting In Cryptocurrency
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Cryptocurrency is the term used to describe virtual currency that exists only as a digital representation of value. In other words, it is not printed or minted, and there is no physical medium of exchange. As such, it is completely electronic, and can be stored and transferred digitally. It is not issued by any government, […]