What is CryptoCurrency? || History-BitCoin

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Foreword:

BitCoin is the first digital currency. In the making or receiving a person or a bank's control. It is completely independent chassis, which we can generate computer-assisted self. This currency in 2009 when the idea first came, when the few Bank of America was Bank corrupt and crisis was caused, and the loss of several billion dollars. This currency called Crypto currency. It algorithm currency based on mathematical process works. For which we have your computer connected to the Internet, indeed, in those parts of the computer arithmetic participate fully in the process

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As personal computer processor. Thanks to this calculation process algorithm computer resolves the question. Crypto currency exchange Mining term shall be used for this work, which, thanks to our computer is a Crypto currency digs. Algorith solves difficult question for you we have your computer connected to a pool where our computer as thousands continue to have the computer do the same work. And the solution is a block, then export all the computers in the currency of their speed and ability to work is not divided.

 

Crypto Currency Family:

There are two(2) main types, one of which is the Script Coin & other is  SHA-256. The main difference between these two types of Coins, both are Crypto currency. The difference between the two is enormous. Power from Coin Mine script as we can lower hash, such as your CPU, while SHA-Coin, not the CPU bus. Coin script are less of a problem, whereby they can be recovered quickly, the SHA Coin, the odds are extremely high for a normal CPU can not be there mine. Coin script from the CPU can be Mine, the SHA coin, a separate graphics card in the computer, we have to strain.

Crypto Types Coin:

The first bit of Crypto SHA was introduced by Japanese mathematician Satoshi Nakamoto in 2009. Small part of the coin called micro coins. Besides these few more coins to enter the market. The Light Coin,PeerCoin, Lite Coin, DogeCoin, World Quinn, Moon Queen, Digital Queen.

 

Atlast there is few coins types which shown in below picture.



About the author

BitCoiin

Hello! My name is Mirza (BitCoiin), and I love to Online Earning for free and also enjoying with my friends. I am enjoying watching movies like Fantasy, Adventure & little bit Horror movies. I'm also a adict of watching TV shows. You should have a sense of humor (big plus…

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