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Author Topic: What is a Cryptocurrency eg. Bitcoin? Cryptocurrency Guide for Beginners  (Read 219 times)
chiabeetong (OP)
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June 30, 2019, 01:08:07 PM
Last edit: September 15, 2019, 09:24:15 AM by chiabeetong
 #1

What is a Cryptocurrency? Cryptocurrency Guide for beginners and learners, including Bitcoin guide.

https://cryptoguide.ch/blockchain/what-is-cryptocurrency-guide.html
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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beatzcoin123
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June 30, 2019, 02:07:15 PM
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I would rather view crypto currency as a currency of the internet, in other word, crypto currency are digital currency that are acceptable though not generally as there is still lots of persons around the globe that are yet to be aware of what crypto currency is all about. It is a means of payment digitally.
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July 02, 2019, 09:09:01 PM
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I would rather view crypto currency as a currency of the internet, in other word, crypto currency are digital currency that are acceptable though not generally as there is still lots of persons around the globe that are yet to be aware of what crypto currency is all about. It is a means of payment digitally.
Good explanation mate, crypto currency is now famous all over the world people are using it to buy goods online, it is best investment as well, some use it as asset, it is future maker, our life is getting better for investing in crypto currency, there are so many profitable coins like bitcoin ETH and Ripple that people use to invest there money, more information can be taken from google and YouTube as well
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July 11, 2019, 02:17:49 PM
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Trust me, you'd find a lot of interesting infographics that'd lure you to gain better taste of Bitcoins and its other aspects. To me, a simple definition for crypto currency in layman's point of view, would be:

A cryptocurrency is actually a way of saving yourself from the percussion of centralization and get to know decentralization to some extent (or full if you use dark crypto like XMR, Dash, etc.) Something that keeps our privacy to be its first priority while also giving us the privilege to send / receive it in a way of digital tokens which have got speculated values attached to them with least fees, thanks to the creator who made such a creation which is now competing with major credit card companies and even banks in terms of fees to send transactions abroad (which can be done for even less than a $1 in transaction fees with crypto in the blink of an eye) and returns (not guaranteed however, exceptional returns are there to gain of which banks can't even provide 1/10th of it).

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Duncan.Idaho
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July 18, 2019, 08:17:06 AM
Last edit: August 06, 2019, 08:33:13 AM by Duncan.Idaho
 #5

What is a Cryptocurrency? Cryptocurrency Guide for beginners and learners, including Bitcoin guide.

https://cryptoguide.ch/main/main1.html

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