An Overview of Cryptocurrency

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An Overview Of CryptoCurrency
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What is CryptoCurrency?

• The CryptoCurrency was launched on 09 January
  2009 by Satoshi Nakamoto as Bitcoin. It is the
  first release of Bitcoin which is the new
  electronic cash system that uses a peer-to-peer
  network to prevent double-spending.
• CryptoCurrency Next Generation Digital Currency
  designed to perform the secured transactions
  using cryptography. Some popular
  CryptoCurrencies are Bitcoin Ethereum.
• The digital currencies can be exchange
  transfer from peer to peer without any
  intervention of Government, Financial
  Institutions  Banks.

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Most Common CryptoCurrencies

• Bitcoin It is the first CryptoCurrency in the
  world. It was created by Satoshi Nakamoto in
  2009.
• Ethereum It is the programmable currency that
  allows developers to build distributed apps and
  technologies. It does not support Bitcoin.
• Ripple It is the famous CryptoCurrency which
  doesnt use a Blockchain to reach network-wide
  transactions. It is faster than the Bitcoin
  makes it vulnerable to hacker attacks.
• Litecoin It is the CryptoCurrency created as the
  digital silver. It is the fork of Bitcoin that
  generate blocks 4 times faster 4 times the
  maximum number of coins at 84 mln.

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Some Common CryptoCurrencies Are
Bitcoin
Ethereum
Ripple
Litecoin
Monero
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How Does CryptoCurrency Work?
Balances Blockchain The Blockchain is the
public ledger in which confirmed transactions are
saved easily. The currency coin wallet calculates
the new transactions spendable balances which
will be verified with the spender coins. The
integrity of the Blockchain worked with the
cryptography. Transactions- Private Keys The
transaction is the transfer of the digital money
between the coin wallets that get updated in the
Blockchain. The secret information kept in the
coin wallets is called private key. It is used to
sign the transactions as the mathematical proof
to check that the money has come from the wallet
owner. 
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CryptoCurrency Online Exchange Platforms
Kraken
Coinbase
Coinbase is the most popular Bitcoin online
exchange in the US.
It is the US-based CryptoCurrency exchange
platform.
Bitrush
Anycoindirect
It is the European CryptoCurrency platform.
It is the European CryptoCurrency online exchange
wallet.
Gemini
Cex
Gemini is the CryptoCurrency exchange and trading
platform
It allows to buy Bitcoin with bank transfer
credit cards.
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CryptoCurrency Market CAP
Name Market CAP Price Volume Circulating Supply Change (24hrs)
Bitcoin 2,60,69,33,68,680 15,533.10 22,13,95,00,000 16,783,087 BTC 2.93
Ripple 123,244,715,416 3.18 7,775,260,000 38,739,144,847 XRP -12.83
Ethereum 102,329,146,759 1,057.34 7,302,490,000 96,779,793 ETH 10.79
Bitcoin Cash 40,319,588,443 2,386.59 4,626,540,000 16,894,225 BCH -3.47
Cardano 28,433,181,176 1.10 503,749,000 25,927,070,538 ADA 11.09
TRON 15,453,455,159 0.235040 4,482,870,000 65,748,192,476 TRX 65.15
NEM 14,986,799,998 1.67 219,667,000 8,999,999,999 XEM 11.70
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Why Use CryptoCurrency?

• Payment freedom is one of the important reasons
  to go with the coin technology. The absence of
  the centralized governing body indicates that
  when you send coins to someone, you can easily
  send money directly to their addresses within the
  day. CryptoCurrency offers global payment system
  that is secure, cheap and fast.
• It has the lower risk for the merchants. Once the
  transaction is verified and recorded in the
  Blockchain, it cannot be reversed. This mechanism
  inhibits the frauds to conduct business online.
  The coin wallet can be used by anyone to expand
  its markets.
• It has the transparent transactions service in
  which the owner can have the complete Bitcoin
  transaction history which is available in the
  Blockchain. The cryptographic secure protocol
  makes the coin difficult to be get manipulated by
  anyone.

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