Crypto

by JesseHollar


A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.
It will only ever have a maximum supply of 21,000,000 by 2140, of which 4,000,000 are already estimated to be lost.
(Source: https://en.wikipedia.org/wiki/Cryptocurrency)
(Learn More: https://coinbase.com/what-is-bitcoin)

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