One’s fascination starts upon hearing the word cryptocurrency. And it isn’t surprising since cryptocurrency is something that everybody claims to know about but nobody actually does.
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What is cryptocurrency?
It is a digital asset which exploits the cryptographic functions to carry out secure transactions and restrict or control the production of new units, backed by Blockchain technology to gain transparency, decentralization and immutability.
So, the term cryptocurrency is easy and clear in itself but its creation and value isn’t.
What makes cryptocurrency valuable? …
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If one were to think of the most exciting establishments of the 21st century, it has got to be the invention of Cryptocurrency.
To begin with, here’s a brief explanation of what exactly cryptocurrency is. Cryptocurrency, or digital currency or virtual currency, is the mode of currency used to make transactions online, that is, over the internet. This money can be stored in online wallets, or in an online bank.
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If one doesn’t associate themselves with the digital asset market today, they’re bound to look back with remorse, sooner or later. With the latest trends in the blockchain and cryptocurrency trading communities, user experiences are shooting to the stars, and rewards are plenty! There could never have been a better time to make yourself a part of this world.
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