What is Cryptocurrency? Who invented Cryptocurrency?

in #altcoin7 years ago

what is cryptocurrency?

Cryptocurrency is a digital currency in nature designed to work as a medium of exchange that uses that uses cryptography to secure its transactions to secure its transactions. All the Cryptocurrencies transactions are in electronic.Cryptocurrency-exchanges.jpg

What is cryptography?

Cryptography is the art of protecting information by transforming it into an unreadable format. Cryptography the science or study of the techniques of secret writing, especially code and cipher systems, methods.maxresdefault.jpg

list of cryptocurrencies:
Bitcoin
Litecoin
Dogecoin
Ethereum
Darkcoin(Dash)
Ripple
Altcoins
Steem Zcoin......and many many more

Value of cryptocurrencies fluctuate very fast because of no control of any Central Organization and any Authority.

Who invented cryptocurrency?

An Australian Entrepreneur named Satoshi Nakamoto invented first ever cryptocurrency "Bitcoin" in 2008. In his announcement of Bitcoin in late 2008, Satoshi said he developed “A Peer-to-Peer Electronic Cash System.“images.jpg