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Post by lfassma on Sun Apr 22, 2018 7:13 pm

Hundreds of new cryptocurrencies have been created, all of which offer different advantages and disadvantages. The Blockchain itself is based on the principles of cryptography, hence the name ’cryptocurrencies’. Today cryptocurrency forms of money have turned into a worldwide wonder known to the vast majority, and it is an advanced or virtual money that uses cryptography for security, and it is hard to fake because of this security feature, it is not issued by any central authority, rendering it hypothetically safe to government impedance or control. Cryptocurrencies make it easier to transfer funds between two parties in a transaction that allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers. Crypto currency captured significant investor and media attention especially when it peaked at a record, and number of merchants who accept cryptocurrencies has steadily increased and becomes more widely used. Cryptocurrency will replace national currencies in the comming years because the massive amount of money invested in the field. 2437
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