Demystifying Cryptocurrency: Understanding the Fundamentals of Digital Currency
The current stage of the evolution of money can be called crypto. This was introduced in the year of 2008 by Satoshi Nakamoto but until now no information can be found. Bitcoin was introduced as the first cryptocurrency item in 2009. Cryptocurrency can be used anywhere in the world as a commonly used currency.
The world can produce about 2M of Bitcoin. Below are some of the cryptocurrencies currently used in the world.
Advantage of cryptocurrency
- No fraud
- No identity theft
- Low fees
- access to everyone
- Immediate settlement
- peer to peer
Cryptocurrency wallets are used to store cryptocurrency.
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