Today cryptocurrencies have become a global phenomenon known by most people but understood by few. In 2018-2019, you’ll have a hard time finding a major bank accounting firm software company or government that hasn’t researched crypto currencies or started a blockchain project beyond the noise in the press releases many people often fail to understand the basic concepts so let’s walk through the whole story. What are cryptocurrencies ? Satoshi invented Bitcoin in 2008 as a peer-to-peer electronic cash system to realize digital cash you need a payment network with accounts balances and transactions, that’s easy to understand.
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