What is Cryptocurrency

Cryptocurrencies have changed the way money is moved and also opened up a volatile world of unimaginable trading and investment opportunities. Read here about the history, blockchain technology, revolutionary payments, and how convenient it is to trade the major cryptocurrencies with forex brokers.

Brief History

The first cryptocurrency (bitcoin) was established in 2008 when the pseudonymous Satoshi Nakamoto invented a decentralized electronic cash system which uses a peer-to-peer distributed timestamp server to prevent double-spending. This distributed server generates computational proof of the chronological sequence of transactions.

Author : Michael Fasogbon

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Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.