What is Cryptocurrency and Why It is so Popular

Cryptocurrency is the latest buzzword doing the rounds of many technology publications and blogs. While Bitcoin is the most popularly known cryptocurrency there is a lot of confusion and misinformation surrounding it.

Cryptocurrency is money that has not been issued by any country but can be used for transactions anyway. Cryptocurrencies are frequently bought using fiat money like Dollars, Pounds, Euros etc. or by using other cryptocurrencies. There are specific exchanges that allow you to exchange fiat money for designated cryptocurrency and vice-versa.

What is Bitcoin and How Does it Work

Litecoin Cryptocurrency (LTC) 

 

Asked on September 15, 2018 in Cryptocurrency.
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