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Showing posts from 2019

Basic Concept for the Cryptocurrency

In present days the world the rapidly changes its way to trade and Cryptocurrency  is the most important part this change, because cryptocurrency are work freely workable currency that are not own by any organisation or Govt they are solely depend upon internet and computing power of the people and investors. Term Cryptocurrency are made with two things Cryptography and the Currency,  that provide P2P or Personal to Personal transactional ability without any third party interference like Govt or Banks. Crypto currency was first described by Wei Dai in 1998, He suggest the new form of money that uses cryptography to control its creation and transactions, rather than a central authority. What is Cryptography: Term Cryptography comes from the Greek word called "Crypto" which means "Hidden Secret",  Cryptography are used to Encrypting and Decrypting large amount of complex data, Using computer power of calculation, and complex Logarithms. Basically in Cryp...