Hello my fellow steemians!!!
Today we’re gonna be looking at one of the world biggest investment platform ever which is known as crypto currency.
CRYPTO CURRENCY
A digital asset which is designed to work as a medium of exchange and it also uses cryptography as a means in other to secure its various transactions.
Also to control the creation of additional units and verify the transfer of assets.
TYPES OF CRYPTOCURRENCIES
••• Virtual currencies
••• Digital currencies
••• Alternative currencies
The suburbanized control of each cryptocurrencies works through a blockchain, and it is a public transaction database.
Now let’s talk about Bitcoin
Bitcoin was created in the year 2009, and also it was the first redistributed crypto currency.
Other crypto currencies have also been created since then.
When we talk about bitcoin, it is one of the crypto currency and worldwide payment system.
BITCOIN NETWORK
This can be said as a peer-to-peer payment network system, even users send and receive bitcoins.
Bitcoin which is popularly know today by lots of users was invented by a group of people under the name Satoshi Nakamoto and like i stated earlier it was created as open source software in the year 2009.
Thanks for your time
I am dking
