Author: catharineleger

A cryptocurrency (or cryptocurrency) is a digital asset designed to work as a medium of exchange using cryptography to secure transactions and to control the creation of additional units of the currency. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. What is Bitcoin? How did it start? The word “Bitcoin” was first seen in late November 2008 when Wei Dai wrote about “b-money”, which he described as “an anonymous, distributed electronic cash system”. The first Bitcoin specification and proof of concept were published in 2009 by ... Read more