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Showing posts from May, 2017

THE BILLION COIN - DIGITAL CURRENCY

Digital currency can be defined as an Internet-based form of currency or medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Both virtual currencies and crypto currencies are types of digital currencies. WHAT IS CRYPTOCURRENCY? A crypto currency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. BITCOIN became the first decentralized crypto currency in 2009. Since then, numerous crypto currencies have been created. This article is to enlighten us on how we can be part of the wealth which a new and fresh crypto currency offers you and I. LET ME TELL YOU HOW CRYPTO CURRENCIES WORK Imagine if you buy $100 from a currency exchanger when $1 = #350 that is 350 multiply by 100 = #35,000. Then you keep the $100 ha...