Month: January 2018

History of Bitcoin Price

One of the main reasons why bitcoins is one of the most popular cryptocurrency in the world is the rate at which its value increases. Even though there have been a few instances when the price of one bitcoin dropped, the trend shows that it is headed in the right direction. The first fact that…

What is Bitcoin?

This is one of the very first cryptocurrencies created in 2009, created by an unknown programmer under the alias Satoshi Nakamoto. It is not dependent on banks or nationality, and intermediaries on exchanges handle all transactions. Most people prefer it because the transactions are anonymous and the transactions are free. Since 2009, the growth of…

What is Cryptocurrency?

Cryptocurrencies are a medium of exchange much like traditional currencies but designed and developed for use on the digital platform. The transactions are possible through particular principles of cryptography. Cryptography secures all transactions of the currencies as well as the creation of new coins. Bitcoin was the first cryptocurrency, and it is the most important…