Whats is Cryptocurrency? The Future,

in crypto •  7 years ago 


Wht is Cryptocurrency??
Most of the people still don't know what actually it is, my post is for those who are unable to understand what actually it is.
The word 'Crypto' is a greek word which means 'Hidden' and 'Currency' means medium of exchange money, so it becomes 'Hidden Money' . Cryptocurrency is the currency that is hidden in a form of programming codes or algorithms. Every coin has its own codes that differs it from other coins. And each coin contains its sub codes which depends on the transaction of money. The first cryptocurrency is "BITCOIN". The idea of bitcoin was given by a Japanese SANTOSHI NAKAMOTO in 2008 and it is launch in 2009.

It was the only currency for approximately two years, and then in 2011 other cryptocurrencies were introduced in market 'LITECOIN' , 'RIPPLE' , 'NAMECOIN' and many other, and now there are approximately one thousand cryptocurrencies available in market.
I hope that my post will be helpfull for those who doesn't know about it, i tell it in very simple words and if you have any question about crypto dont hesitate in asking, thankyou

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