HeavenFaucet » 26 February, 2018

Daily Archives: 26 February, 2018

What is Dogecoin? The meme of Cryptocurrency

Dogecoin is a virtual currency that was born in 2013 as a joke. This currency is actually based on the popular Internet meme “doge”, which shows a dog of the Shiba Inu breed with funny phrases.
Dogecoin grew beyond the joke to become a serious cryptocurrency. Currently, many people and businesses around the world accept it as a form of payment, so much so that at the moment it has a market capitalization of more than $ 300 million dollars and a volume of transactions exceeding $ 17 million dollars.

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What is Litecoin? The Silver Bitcoin

Litecoin (sign: Ł; abr .: LTC) is a cryptocurrency supported by the P2P network, and an open source software project published under the MIT license. Inspired and virtually identical in its technical aspect2 to Bitcoin (BTC), the creation and transfer of Litecoin is based on an open source cryptographic protocol that is not managed by any central authority Litecoin was intended to be an alternative electronic currency4 of Bitcoin and offers three main differences: Continue reading

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The First Cryptocurrency: Bitcoin

Bitcoin is a cryptocurrency, payment system and merchandise. The term also applies to the protocol and the P2P network that supports it, and is commonly called a digital currency. Designed in 2009, the final identity of its creator or creators is unknown, appearing under the pseudonym of Satoshi Nakamoto . It is based on blockchain technology, similar to a large accounting book, public and distributed, which reflects the history of all transactions, in what is known as blockchain, hard to falsify. to the network or to the protocol and bitcoin to refer to the monetary units. Continue reading

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