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Cryptocurrency is an electronic asset designed to work as an exchange medium that uses strong cryptography to verify the transfer of value. Cryptocurrencies use decentralized peer-to-peer nodes as opposed to central banking systems. The decentralization of each cryptocurrency works through a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source code in 2009, is generally considered the first decentralized cryptocurrency.

Cryptocurrency is an electronic asset designed to work as an exchange medium that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of value. Cryptocurrencies use decentralized peer-to-peer nodes as opposed to central banking systems. The decentralization of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source code in 2009, is generally considered the first decentralized cryptocurrency.

Cryptocurrency is an electronic asset designed to work as an exchange medium that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of value. Cryptocurrencies use decentralized peer-to-peer nodes as opposed to central banking systems. The decentralization of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source code in 2009, is generally considered the first decentralized cryptocurrency.

By now you've most likely heard of Bitcoin. The decentralized internet currency that began it's open-ledger blockchain back in 2009. Steadily gaining worldwide popularity, especially among the anti-establishment crowd, and more recently winning over big banks and hedge-funds alike. Bitcoin's revolutionary technology eliminates the need for a central bank or government entity to act as a clearing house. Instead, individual peer-to-peer computers scattered around the globe compete to perform high-level mathematical equations that verify the most recent transaction, confirm no double-spending has occurred and add it to the existing blockchain.

By now you've most likely heard of Bitcoin. The decentralized internet currency that began it's open-ledger blockchain back in 2009. Steadily gaining worldwide popularity, especially among the anti-establishment crowd, and more recently winning over big banks and hedge-funds alike. Bitcoin's revolutionary technology eliminates the need for a central bank or government entity to act as a clearing house. Instead, individual peer-to-peer computers scattered around the globe compete to perform high-level mathematical equations that verify the most recent transaction, confirm no double-spending has occurred and add it to the existing blockchain.