Understanding Bitcoin & Cryptocurrency
Cryptocurrencies seem to be changing the way individuals and businesses manage their finances. They are considered a great way to form transactions over the internet. This article shall give you a walkthrough of the crypto world so that you may develop a better understanding. Bitcoin and other cryptocurrencies Bitcoin was first launched in 2009 by a programmer under the alias Satoshi Nakamoto. It is a peer-to-peer virtual currency and also an online payment system. Bitcoin wallets are used by investors and those who want to transfer money over the internet, they can send or receive bitcoins through their bitcoin wallets. This is done by storing the bitcoin currency in a special computer that can only be accessed through a fingerprint. There are multiple ways to sell Bitcoins using cardless cash . The website, which has only been up for six months, now receives over 1,000 transactions per day, and is worth over £13 billion. Other major cryptocurrencies like Ether and Litecoin, are also