History of Cryptocurrency:All You Need to Know..

in #cryptocurrency7 years ago

In Today's Era Everyone knows that We are living in the era of Science And It has totally changed the face of the world.Technology is running 10× faster from our thinking. The development of Cryptocurrencies is also like such. Who thought that We'll not need to have Money in our hands. We can make payment anywhere without having cash in our hands. Science has made everything possible.

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A short description about Cryptocurrencies

What Is Cryptocurrency?When It Developed?

Cryptocurrency is that What We can not touch. We can only see that even We can't have that in our hands like other practical currencies like $, €, ₹ etc..

Today's world is a digital world And Cryptocurrencies are digital currencies. There is a lot of wallets available at Internet Where we can have this currencies. It is not enough Infact we can have that wallets in our mobiles, Computer, Laptop etc. All the digital money remain save at Internet.

A Cryptocurrency has designed as a medium of exchange money by using Cryptography to secure the transactions.

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The first Cryptocurrency Bitcoin was developed By Satoshi Nakamoto in 2009.

Before The Bitcoin,There were some Cryptocurrencies created but That weren't succeed.That became fail and couldn't remain in the market some time too.

After the Bitcoin slowly slowly Many Cryptocurrencies were launched. I Think in present time There are over 900 Cryptocurrencies.

Some Cryptocurrencies are given below:-
  1. After Bitcoin, Namecoin was created in April 2011.

  2. Litecoin was created in October,2011.

  3. Peercoin was created in 2012.

  4. Primecoin, Ripple, Omni, Gridcoin, Emercoin, Dogecoin etc..were launched in 2013.

  5. Auroracoin, Blackcoin, Burstcoin, Dash, DigitalNote, Mazacoin, Monero etc were launched in 2014.

  6. Ehtereum, Ehtereum classic, IOTA, SixEleven etc were launched in 2015.

  7. Bitconnect, Zcash etc.. were launched in 2016.

  8. Ubiq were launched recently in 2017.

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Very good blog. I was about to post a similair post. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? This is quite an interesting website I found: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. See: https://www.coincheckup.com/coins/Emercoin#analysis To see the: Emercoin Investment analysis.

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