Amid Bitcoin mania, Business Standard explains everything that you need to know about cryptocurrencies, Bitcoin mining, cryptocurrency exchanges, how cryptocurrencies came into being, the blockchain technology, among other things: What is a crpytocurrency? Cryptocurrencies like Bitcoin, essentially, are digital currencies. But, they are like gold in more ways than one.
Like gold, cryptocurrencies have to be mined. They do not have a central issuing authority, so they are deregulated currencies. Simply put, there is no central bank that decides when and how many more cryptocurrencies ...
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