Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software. Bitcoin is a digital currency that was created in January 2009. It follows the ideas set out in a whitepaper byContinue reading “What is bitcoin”
Tag Archives: altcoins
What is An Altcoin
ALTCOINS (ALTERNATIVE-COINS) AREOTHER CRYPTOCURRENCIES LAUNCHEDAFTER THE SUCCESS OF BITCOIN. THERE ARE THOUSANDS OF DIFFERENTCRYPTOCURRENCIES. AT THE TIME THIS WASWRITTEN, ALTCOINS ACCOUNTED FOR 36% OFTHE TOTAL CRYPTOCURRENCY MARKET. MANY ALTCOINS ARE TRYING TO TARGET THEPERCEIVED LIMITATIONS OF BITCOIN. ANALTCOIN MUST HAVE COMPETITIVEADVANTAGE TO SUCCEED AGAINST BITCOIN. MANY OF THE COINS ARE BASEDOFF OF BITCOIN’S FRAMEWORK.THUS, MOSTContinue reading “What is An Altcoin”
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