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Cryptocurrency by Tim Mathis

Cryptocurrency

by Tim Mathis
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Book cover type: Paperback
  • ISBN13: 9798215300879
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Brendan Gallagher
  • Publisher Imprint: Brendan Gallagher
  • Publication Date:
  • Pages: 140
  • Original Price: USD 11.99
  • Language: English
  • Edition: N/A
  • Item Weight: 146 grams
  • BISAC Subject(s): E-Commerce / Online Trading

A cryptocurrency (also known as crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger

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