What Is Cryptocurrency?
This is one of the most frequently asked questions out there. What is cryptocurrency? To make it simple, cryptocurrency is a digital version of money where the transactions are done online. A cryptocurrency is a medium of exchange just like your normal everyday currency such as the USD, but designed for the purpose of exchanging digital information through a process known as cryptography. The first ever-successful cryptocurrency emerged from the invention of Bitcoin , by Satoshi Nakamoto. This was then followed by the birth of other types of crytocurrencies competing against Bitcoin.