I know, a lot of people don't know about this at all. Again, the limited knowledge of many. Since I will be writing new articles on cryptocurrency every day from now on, so I am starting from the beginning.
First I will discuss with you what cryptocurrency is and how it originated
Cryptocurrency is commonly known as a virtual currency. When we hear this, we start doing different things in our heads. What do we think it is again? Usually, there are encrypted and two types of information. Many of us who use computers or phones are familiar with this word. I think different types of passwords are used to protect a file. Just like you use a kind of great word to protect your undefeated money and the word comes together as cryptocurrency.
Cryptocurrency Currency is a highly secure blockchain medium. Which is generally considered a safe and hacking-free medium. It can't be touched, it can't be touched and its job is to use technology in computer algorithms. It is usually controlled by cryptographic code, by different numbers, and by coding. It is not an authorized and regulated medium of any company. When it comes to cryptocurrency, the first thing to talk about is Bitcoin. Bitcoin is the first cryptocurrency, which is currently very popular all over the world.
The most popular coin to date is Bitcoin. It is commonly known as the volatile virtual currency. The price of Bitcoin can sometimes be much higher and sometimes much lower. But at present everyone believes that the market value of Bitcoin is much higher. The price of Bitcoin has been rising abnormally for some time and because of this, no one is ignoring it at present.
In addition to Bitcoin, there are now more than two thousand coins in the world, some of which are very popular and some of which are not very popular and new coins are being created every day.
Satoshi Nakamoto, the inventor of Bitcoin in 2008. This is usually his pseudonym, he introduced it worldwide for online peer-to-peer transactions, and for the freedom of the customer. In 2017 virtual currencies issued various bank alerts but now their importance is much higher all over the world. Despite the virtual currency ban, there is a lot of interest around the world right now.
Mining is closely linked to cryptocurrency. Cryptocurrency mining is usually done by setting it up on a server. Because there are fixed and peer-to-peer transactions that can be done. At present, all countries are moving towards this possibility and the plan is to introduce it in the world in the future. There are usually many benefits. This is why it is so popular right now.
It is usually decentralized and can be done easily.
Its privacy is much higher. Transparency is very high, transactions can be done at a low cost, it is easy to deal with it again quickly, which is why transactions around the world are increasing day by day.
I will tell you more about Bitcoin and cryptocurrency in the next episodes. Stay well, stay healthy.
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where is BLURT token
Step by step.
Ok best of luck