What is the CRYPTOCURRENCY??

Cryptocurrency is the Modern revolutionary kind of Currency, which changes the mindset of peoples towards banking system.

• It is designed as a unit of exchange and a place to store your credit without going in a Bank.
• It arises as a side product from another invention i.e BITCOIN. Bitcoin is the first example of  peer to peer electronic cash transaction
• It is build to decentralized the digital cash system.
• It is the network of peers. Every peers has a record of the complete history of all transactions and balance of every account. This is basic p2p-technology.

But, what are the features of Cryptocurrency?

• In this system, there is no way to fraud someone. Once payment is sent, it can never be reversed and its payment is done like the credit card.
• It is impossible to break the security chain of this system. Only the owner of the private key can send currency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. 
• A Bitcoin address is more secure than Fort Knox. It is the site of the United States Bullion Depository, which is used to house a large portion of the United States' official gold reserves.
• This system is very Fast and confirmed in a couple of minutes. the whole process is happening in the global network of computers. So, they are completely different from a physical location. 
•  It‘s just a software that everybody can download for free. After you installed it, you can receive and send Bitcoins or any other electrical currencies. There is no gatekeeper no one can prevent you. So, this system software doesn't require any permissions.

How many types of Cryptocurrency available in the Market capitalization?

 

Today's time there are 877 digital currencies available in the Whole Market capitalization and number is still increasing day by day.

1. BITCOIN:- This currency released in 2009 as a symbol BTC and XBT. It is founded by Santoshi Nakamoto with the POW timestamping (a digital record of the time of occurrence of a particular event). In 2009 it's price is only $29 dollar and now in 2017 it's price is around $5513 dollar.

     

BITCOIN

2. ETHEREUM:- This currency released in October 2014 as a symbol ETH. It is founded by Vitalik Buterin with the POW timestamping (a digital record of the time of occurrence of a particular event).

The price of ethereum in Jan 2015 is about $1dollar and now in 2017 it's price is about $296 dollar.

ETHEREUM

3. RIPPLE:- This currency is released on December 2014 as a symbol XRP. It is founded by Chris Larsen and Jed McCaleb with the POW timestamping. The price of Ripple in 2014 is $0.027 dollar.

RIPPLE

As I already told you that there is 877 digital currency available. Down below there are 20 digital Currencies with their Name, Market cap, Price, Volume and circulating supply.

So, Cryptocurrency is the world of Money Marketing. More you invest into it, more you learn and more you get. That's why Millions of people have invested in it are more are still joining . Cryptocurrency is the next level of money. Don't be left out. Join now and learn more on how to own some coins. You will be happy you did.