Post
Topic
Board Bitcoin Discussion
Re: Crypto Currency
by
Charles-Tim
on 24/04/2020, 10:23:38 UTC
Hi, how are you friends?   Smiley
Do you know about the Cryptocurrency?  People mostly ask that What is Cryptocurrency? Now today I will explain in simple words?
A cryptocurrency is a type of currency which uses digital files as money. Usually, the files are created using the same methods as cryptography (the science of hiding information). Digital signatures can be used to keep the transactions secure, and let other people check that the transactions are real.

You answer to your question is so cheap, example of cryptocurrency is bitcoin, bitcoin suppose to be there. You need to make it clear where cryptocurrencies  are stored and how the first which is bitcoin was invented in 2009 by Satoshi Nakamoto and lastly, you need to talk briefly about how transactions are possible using bitcoin and blockchain and through miners.