Category: Bitcoin

Since the Financial Crisis of 2008, many Americans have held lingering doubts about the stability and creditworthiness of the current financial system. In response to the economic crisis, the first cryptocurrency, Bitcoin, emerged, intending to be a cash-like payment system unaffected by economic downturns. Unlike the traditional monetary institutions whose negligence caused the financial crisis,…

Cryptocurrency is virtual currency where the exchange of it relies on people sharing and buying it. Most cryptocurrencies have a set amount meaning the amount of the currency is not infinite making it similar to precious metals while other places like central banks can make an infinite amount of money these are called fiat currencies.…

In the technology era, e-commerce has become a common business model. As a result, cryptocurrency which are digital currencies had been created and it has been developing effectively. cryptocurrency represents a new monetary system, an easy way to send and receive money which is also affordable for any computer user. Many businesses now accept cryptocurrency…

Boasting the world’s second largest economy, China is a central focal point for any cryptocurrency business. Starting earlier this year, that became a whole lot harder when China instituted a ban on all cryptocurrency related activity. By August, that even included popular communication apps where people simply discussed cryptocurrency markets and news. The ban has…

In the book “The Age of Cryptocurrency”, the authors, Paul and Michael, have tried to rationalize use cases and technical substructure around the blockchain and cryptocurrency. They have tried to incorporate information to be useful for people with no knowledge of cryptos to those involved in trading. The book puts more emphasis on technical aspects…

Cryptocurrency, such as Bitcoin, have been gaining traction over the last few years among people looking for alternative ways to invest and use their money. Cryptocurrency is digital currency created through cryptography, an advanced encryption technique. With the creation of Bitcoin in 2009, this technique went from a concept only discussed amongst academics to reality.…

After the 2008 financial crisis, a mysterious paper was released by Satoshi Nakamoto that discussed a new peer to peer financial system using a digital cryptocurrency called Bitcoin. The economy was in a global recession at the time and people were frustrated with centralized banks disrupting and controlling the financial system. The technology invented to…

For the past several decades humans have been using the same traditional centralized systems. These centralized systems include banks and governments. We use banks to send and receive money from all over the world. We trust banks to send and receive our money, therefore; we rely on these centralized systems as intermediaries that negotiate on…

Bitcoin is a currency, like euros or dollars, used to exchange goods and services. However, unlike these currencies, Bitcoin is an electronic currency that exists exclusively on the Internet. It gains prestige in cyberspace thanks to its efficiency, security, and ease of exchange. Its main difference compared to other currencies is that it is a…

Table of contents Why the improvement OF PAYGINE Uniqueness of PAYGINE Portion for the stage organizations Portion for good and organizations The presentation of bitcoin provoked a couple of numerous cryptographic types of cash, anyway the key idea behind computerized cash is to stay and obscure way to deal with trade money beginning with one…