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What is Cryptocurrency

Cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

What is Bitcoin

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

It’s the first example of a growing category of money known as cryptocurrency.

What makes it different from normal currencies?

Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

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Video Log #12 Bitcoin Halving is coming in July, get ready

The supply and demand factor is going to drive up the price of Bitcoin. Be ready people. Sign up here and here...

$600k in Grants for Blockchain Projects

The US Department of Homeland Security (DHS) has awarded as much as $600,000 in grants to six companies working on blockchain applications for the government. According to a press release from earlier this week, the department’s Science and Technology Directorate has...

Video Log #7 How to buy Bitcoins, get your Bitcoins today In this video I show you where to buy Bitcoins. Be sure to use my link so we can each make $10.00. Comment below as well and don't forget to...

Richard Branson’s Event

Richard Branson’s private island in the Caribbean is set to host yet another blockchain-focused gathering, drawing a range of guests from around the world including the former prime minister of Haiti and a member of the European Union Parliament. Among the...

Video Log #6

In this video we again take a look at also known as Advanced Hash. We take a look at my active deposit, money earned and we also see how much I have made from just one referral. We also take a look at some withdrawals I have made showing that AHash is paying...