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: Coin market cap
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”
ETHEREUM
FOUNDERS OF ETHEREUM- VITALIK BUTERIN & GAVIN WOOD are the CO-FOUNDERS of ETHEREUM.The cryptocurrency project was created in 2015. WHAT IS ETHEREUM? ETHEREUM is an open source platform thats uses blockchain technology to create and run Decentralized Digital Application (DAPPS). DAPPS enable users to make agreements and conducts transactions directly with each other to buy,Continue reading “ETHEREUM”
POLKADOT
FOUNDERS Of POLKADOT- Polkadot was founded by Gavin Wood (A CO-FOUNDERS of ETHEREUM) Alongside Peters Czaban & Robert Habermeier in 2016. What Is POLKADOT? POLKADOT is a software that seeks to incentivize a global network of computers to operate a blockchain on top of which users can launch & operate their own blockchain. In thisContinue reading “POLKADOT”
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