Posts

Showing posts with the label crypto currency

What is crypto currency??

Image
Disclaimer: The below information and data is based on my personal research and understanding about the topic and predictions/opinion are completely theoretical and no research was conducted to get the results. Please read it with patience. The below stated predictions might be completely wrong and the predictions are just based on authors understanding.   Actually this kind of currency is a digital form of currency , which is secured or generated by specific kind of  cryptographic methods (specific encryption coding). The toughness of this encryption / cryptography makes it almost impossible currently to double spend the amount. This kind of currency was introduced to make ease of transactions between different countries in the world as  this could be easily transferred through internet, without any hassle of government restrictions which limit the extent of foreign transaction . So to overcome this problems concept of cryptographic currency evolved. My Opinion for ...