Karthik.kc from Kammardi

Tuesday 7 November 2017

Cryptocurrency

Cryptocurrency

You already heard about cryptocurrencys and Bitcoin, and you doesn't know about it then read this article.
Bitcoin is a one of a cryptocurrency that came to existence in 2008 and that time people doesn't know about the concept of cryptocurrency, now Bitcoin reached that higher level so cryptocurrencys are one of a hipe this time and also 700 and more cryptocurrencys are exist today.
Firstly cryptocurrencys are those currencies that cannot have any physical form and it cannot be feel and touched like normal currencies, but it can be transferable and have a specific value, and another important fact is most of cryptocurrency dose not have any centralized system to control, and cryptocurrencys are very limited like in case of Bitcoin is limited to 21 million, and now only 15 million are exist, to reach it's full potential Bitcoin take 100 years, so this is made a currency worth of dollars,
Like this all of cryptocurrency are having their own limitations, so cryptocurrencys are not having any physical farm and they only exist in digital wallets, and that is transfer to another wallet help of currency minors, minors are those people who ensure the cryptocurrencys transactions with the help of specific software.
And now in the word 5.8 million users using theese cryptocurrencys wallets and most of companies are accepts these currencies as form of exchange.
And in cryptocurrencys there are mainly 2 type one Digital cryptocurrencys these currencies are not controlled by any centralized system like Bank, Government,
And second is Vertual currencies these currencies are mostly controlled by it's own developers or any centralized system.



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