What is crypto currency and why this was made?

[fahimshahriar2020 539]

Peace be upon you brothers. I know you all are well. Guys I know a little bit about bitcoin but what is crypto currency and who and why it was invented. Is there any other branches in it? That's all I wanted to know. Please comment what you know about it. Thanks!!

[saradz 2259]

@fahimshahriar2020 It is not easy to understand in detail the way cryptocurrencies were created because they rely on complex algorithms. Coins are created when computers put together a complex set of algorithms in a process called mining. These algorithms use cryptography to secure transactions and regulate the generation of additional units of code ...

[velasco19 1753]

Bitcoin is the first cryptocurrency and its creator was Satoshi Nakamoto, its currency was created to make payments through the internet easily and without the need for intermediaries, that is, a P2P system.
Bitcoin has characteristics such as store of value and deflationary characteristics that can help many economic problems if adoption is achieved, but its road is long and with adversities ahead.

[F4 Shahid Ali 1705]

Simply we can say that cryptocurrency is like a digital currency we can transfer and get it mobile to mobile in our electric Media Accounts. So they're benefits you cannot count them a lot of benefits on cryptocurrency. The special thing we can transfer and and sell and buy within nano seconds are staying at home.  So guys I just get benefits from cryptocurrency and knowledge about cryptocurrency. If you are experience about person you have everything. 💕

[baghdada 43]

Bitcoin was found around 2010 from an unknown person called Satoshi, and yes, a special system was created for it on the Internet

[Khan 1414]

On 1/8/2021 at 11:13 PM, baghdada said:

Bitcoin was found around 2010 from an unknown person called Satoshi, and yes, a special system was created for it on the Internet

Right. But if you don't know about the crypto world the You have to google the information also please read the basic information post here on this forum to get clear Idea.

[jack88 427]

Welcome my friend. The cryptocurrency is a decentralized electronic currency made by a Japanese named Nakamato Satoshi ... and it is not subject to fraud. There are several types of cryptocurrencies, the most famous of which is Bitcoin

[Ses93 1624]

Welcome، digital currency is used for a security purpose to protect virtual transactions and control the creation of new units and therefore it is difficult to fake that currency, and it is considered a medium for virtual exchange and also a branch of the alternative currency. The first cryptocurrency was established is Bitcoin in 2009 and after that many currencies appeared and dealings with it increased day by day. .

[Iman33 0]

Bitcoin is a cryptocurrency that is not taken by hand. It was established so that all payments are made through the internet without the need for intermediaries to do so.

[scorpiali 5626]

In general the crypto currency was invented to go away from the the economic system based on the centralize bank that's why the crypto currency is come to have no central manipulation like we have in the normal fiat currency 

[Fazihere07 109]

Crypto currency is a digital currencies platform where you and earn and learn here at the same time and its connected with the other websites with the name of yobit platform where you can convert your digital currencies with other digital currencies and you also inves on some good coins and earn here more money

[Mahd 8]

My little information about her, but I will share with you what I learned about her Bitcoin is a cryptocurrency that was invented in 2008 and gained wide fame after the Corona pandemic due to its safety for people as there is no physical dealings and therefore it does not contain germs and it is expected that mining will stop in 2040, when the currency has ended, but its strength in circulation remains

[BhenGhix 804]

Basically and technically, Cryptocurrency was made by some unknown group of people hiddenly known as Satoshi Nakamoto. Cryptocurrency which is virtually known as virtual currency is created or initiated purposely to enlighten it's members about the world of digital currencies which are variably huge and plenty.

[Dabotaifi 22]

Cryptocurreny is the site that anyone that have interest in the site you are free to register it with out knowing investment

[Burak Tekdemir 4]

Crypto money is a digital and virtual currency that uses the science of cryptology in terms of security and is mathematically based encrypted. In fact, we have been using these money for years in our bank cards, virtual cards or every transaction we make in the virtual environment. We were spending money virtually without physical money coming out of the banks' vaults, and in a way, these coins were also cryptocurrencies because only numerical changes occurred in the systems. We can say that the new generation crypto money basically works with this logic.

[Isbal 47]

Cryptocurrency is a form of currency that was created to support the people in making transactions using a wallet after mining for coins in different forms. Cryptocurrency is a form of digital money that can't be used unless it is been traded

[Mamba79 682]

A digital or virtual currency created to function as a medium of exchange, it uses cryptography to secure and verify transactions, as well as to control the creation of new units of a particular cryptocurrency, the cryptocurrency was created in 1998 by Wei Dai, who proposed the idea of a new type of decentralized money. 

[Rafin478 614]

On 1/8/2021 at 6:56 PM, fahimshahriar2020 said:

Peace be upon you brothers. I know you all are well. Guys I know a little bit about bitcoin but what is crypto currency and who and why it was invented. Is there any other branches in it? That's all I wanted to know. Please comment what you know about it. Thanks!!

Cryptocurrency is built for our convenience.Cryptocurrency allows us to transact online.Cryptocurrency is used for online transactions. We make income using cryptocurrency.

[Anora jr 8]

Crypto currency is a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography rather than by centralized authority. It was created in 2008 global financial crises as a way to control money themselves without being relied upon companies,banks or governments.

[Mohsinrafiq169 210]

Cryptocurrency is a digital currency.As of now, the wine has been launched.It soon found a place in the world.Many countries are using it for their trading and making a profit.

[Shakoor123 33]

As crypto currency is made 2019 and crypto currency is a digital money. As purposes of this to made convert money to digital money.

[Arslanch 489]

Crypto currencyis the digital or virtual currency,which is made in 1998 by wei dai. It is made for online transactions, exchanges ,trading and online shopping system. It was a great idea to create it nowadays it is very popular and helpful. Bitcoin is its currency. 

[Nourin1997 2]

Hi friend,A cryptocurrency  is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.

Edited January 30, 2021 by Nourin1997

[Lion heart 71]

On 1/8/2021 at 5:56 PM, fahimshahriar2020 said:

Peace be upon you brothers. I know you all are well. Guys I know a little bit about bitcoin but what is crypto currency and who and why it was invented. Is there any other branches in it? That's all I wanted to know. Please comment what you know about it. Thanks!!

Bitcoin is the main digital money and its maker was Satoshi Nakamoto, its cash was made to make installments through the web effectively and without the requirement for delegates, that is, a P2P framework.

[Kami505030 1617]

Crypto currency is the other name of Fiat currency and it is invented and designed to make easy the life of people and give people more opportunity to earn more profit with little amount.

Now this is a big chance for all of us to take good advantage of this opportunity and get much profit as soon as possible. Thanks.