3 thoughts on “What are Cryptocurrencies?

  1. Arti says:

    Bitcoin was a major milestone for many reasons. Updated In 2008, Satoshi Nakamoto introduced the world to its first cryptocurrency – Bitcoin. It marked the first succesful decentralized cash system to function utilizing a “Non-trust based system.

  2. Arti says:

    It is a currency that uses cryptography. A blockchain is a chronological chain of blocks that carry all the transaction data. Cryptocurrencies are digital currencies that use cryptography. The first successful and by far the most well known cryptocurrency is Bitcoin. These digital coins (or actually the proof of their ownership) are stored in a blockchain. Cryptocurrency, it’s all in the name really. Since Bitcoin, more than five thousand different kinds of cryptocurrencies have been developed.

  3. Arti says:

    Updated It marked the first succesful decentralized cash system to function utilizing a “Non-trust based system. Bitcoin was a major milestone for many reasons. In 2008, Satoshi Nakamoto introduced the world to its first cryptocurrency – Bitcoin.

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