Header Ads

End of year crypto roundup: How did Bitcoin perform in 2018?


Bitcoin — the cryptocurrency that started it all — was released in 2009 as open-source software by a person or group of people using the name Satoshi Nakamoto. The idea was to create a peer-to-peer electronic currency that didn’t rely on any central authority or intermediary for validating the exchange of money. Transfer of Bitcoin is instead verified through a distributed consensus system called mining and the confirmed transactions are listed on the Bitcoin’s blockchain — essentially a shared public ledger. The whole process of transaction makes Bitcoin a pseudonymous currency that guarantees a certain level of privacy — if…

This story continues at The Next Web


from https://thenextweb.com/hardfork/2018/12/28/end-of-year-crypto-roundup-how-did-bitcoin-perform-in-2018/

No comments:

Powered by Blogger.