All You Need To Know About The Top 5 Cryptocurrencies
8 years ago, the world was introduced to the first cryptocurrency – Bitcoin . It was invented by an unknown programmer who went by the name – Satoshi Nakamoto . Thanks to the use of modern algorithms and block chain technology, cryptocurrencies are able to be converted at lightning speeds for consumer goods. Furthermore, not only do cryptocurrencies anonymize your transactions but they can be sent anywhere in the world at minimal fees. This allows people to deal directly with one another via the internet unlike paper based currency which has to pass through third party financial institution resulting in you paying conversion fees. Problem is if it’s lost or stolen, users will not be able to recover the funds. This makes cryptocurrency almost similar to cash. To ensure protection of your cryptocurrency, it’s highly advisable to store it in a cold storage or paper wallet. But wait a minute…are there other major cryptocurrencies in the world? Why yes, there are. Here are...