The world of crypto is completely different and in no way similar to the fiat. It runs on digital currencies. How are these currencies regulated? Are these controlled by political bodies? Are these centralized? How safe is it to have or store these? Well, you will find the answer as you read along.
What is the origin of the cryptocurrencies?
Back in the year 2009, Satoshi Nakomoto found a new type of currencies that were regulated by math. In the early days, all the efforts to create cryptos failed. In fact, Satoshi Nakomoto himself did not intend to create virtual money. All he did was try to find a decentralized cash system, just like a decentralized peer-to-peer file sharing system without a central authority.
This is an internet-based exchange medium where the transaction takes place on the blockchain ledger. This blockchain technology fuels its decentralization, transparency, and immutable nature.
Article author : isabella aria
Article source name : everything you should know about
Source URL : http://isabellaaria.mystrikingly.com/blog/everything-you-should-know-about-cryptocurrencies