Bitcoin Vs Blockchain: How year 2018 will be...Is it worth investing???

Bitcoin or virtual currencies (VC) has grown to 20-fold rise to reach new high to 3000% this year. It is like the elephant in the room, a lot of people don’t want to talk about it because they have invested in it. Bitcoin does not have a legal status as a currency in most of the world, and authorities usually do not know how best to approach thefts. Some larger exchanges have replaced customer funds after a theft from the exchange itself, but at this stage they are not legally obliged to do so.


The entire process works with blockchain, which is a record of all transactions on a decentralised network of computers across the world.


Bitcoin going Mainstream…


Bitcoin has provoked gambling. Bitcoin is a decentralized global digital currency that runs on a peer-to-peer network called the blockchain. It was launched in 2009 by a person or group of people operating under the name Satoshi Nakamoto. The currency obeys its own internal logic. Bitcoin has hit a tipping point of mainstream popularity. One of the biggest U.S. Bitcoin exchanges, Coinbase, had signed up some 12 million customers and is the world’s largest bitcoin broker and is available in the United States, UK, Canada, Singapore, and most of Europe. Bitfinex has dominated the world’s Bitcoin trade on exchanges, with a 41.72% market share over the last few days, with the next biggest player is the US-based exchange being Coinbase with 25.78% market share.....Read More

Comments

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

DoT Secretary hints at making Draft NTP 2018 available in public domain soon

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium