Browse Categories:

Cryptocurrencies Growth Through The Years.

Top 150 Bitcoin and Cryptocurrency Resources: A-Z

Bookstore (15) Cryptocurrency Resources: A-Z Top 15 Cryptocurrencies 2020

A CRYPTOCURRENCY (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.

BITCOIN is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

A BLOCKCHAIN – originally block chain – is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. A blockchain can serve as "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way." For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

Banks (Top 25) Business Networks: A-Z Commodities Credit Cards (Top 10)
Crowdfunding (Top 15) Crypto Resources: A-Z Cryptocurrencies (Top 15) Currency
Currency Converter Data Brokers Financial Analysis (10) Forex
Futures & Options Gold (Top 35) Investing Leasing
Media (Top 40) Merchant Accounts Miscellaneous Online Payments (Top 20+)
Pro Services Firms (10) Stock Brokers Stock Exchanges (Top 50) Stocks & Bonds
Stocks of the Month Wealth Management (30)
    Bookstore
    Cryptocurrency News, Reviews & Resources: A-Z
The Card

Upcoming VIP Privilege Membership Card

The International Man will in the near future be launching its own PRIVILEGE & BENEFIT VIP MEMBERSHIP CARD - named simply 'The Card'. Members will receive special privileges, benefits and preferential rates with selected partner hotels, restaurants, our LUXURY WEBSHOP, and more. Enter your name and e-mail address to receive FREE INFO about 'The Card' HERE.

Browse Categories:

RETURN TO TOP OF PAGE
Copyright © TheInternationalMan.com 2000-2020. All rights reserved.