What is cryptocurrency?

There is lot buzz happening around Bitcoin in the international finance world. So what is that??
royal
Asked Sep 08, 2017
Cryptocurrencies are digital currencies that are based on blockchain technology
http://gadgets.ndtv.com/internet/features/cryptocurrency-explains-how-does-it-work-bitcoin-alternatives-ethereum-litecoin-dash-1750161
AlexanderPtx
Answered Sep 14, 2017
A crypto currency is a digital or virtual currency.Like Bitcoin and ethereum. Ethereum is slowly dominating the cryptocurrency market.
https://www.youtube.com/watch?v=u58IRC45yi4
Ethereum
Answered Feb 10, 2018
To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept - sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin."The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren't printed, like dollars or euros - they're produced by computers all around the world, using free software.It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography. And what about token? Good catalog is here: http://sellandbuycoins.com/.I hope you come in handy.
alicenathan
Answered Mar 24, 2018

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