For those who value crypto and blockchain news updates
While somebody is totally wrapped-up in cryptocurrency, somebody can be out of time and even has no idea what does Ethereum mean. TRASTRA created a list of infographics to guide you through this unknown word.
Bitcoin is the most popular cryptocurrency in the world. In fact, only 21 million Bitcoins exist. These 21 million can be used for different purposes; the main one stays the same – purchasing things online without any governmental or economical monitoring.
It seems to us, everyone from child to old man has already discussed this phenomenon. De facto there are a lot of newbies who have not heard about it yet or comprehend it like a chinese whisper. To change this state of things, we will tell you about cryptocurrency and the way it emerged.
Since the inception of Bitcoin in 2009, followed by other digital currencies such as Ethereum, the market has seen an influx of several other ICO’s all based on the blockchain technology. The acceptance and incorporation in using these cryptocurrencies, has been faced by several hurdles and setbacks. These setbacks range from regulation by some governments, fraud and also not all population understands the advantages of using blockchain technology to transact.
Cryptocurrencies were a buzzword since 2016, even earlier, and still, they are. Lots of personalities thought it will become a revolutionary thing and will spoil the financial market. Different government actions were taken to prevent the crush of traditional finances system.
Just in case you missed some worldwide blockchain news of this week.
Since the inception and integration of Bitcoin in the market, there have been development of many other cryptocurrencies. The continued acceptance and use of these cryptocurrencies has led to development of solutions in the areas that the initial cryptocurrencies had weakenesses.
Cryptocurrencies have recorded unprecedented growth over the last years, finding usage in almost every sector of the economy today. This revolutionary industry which started with Bitcoin is now home to over 2,500 projects. One of the major underlying factors that aided this rapid growth is what we know today as an Initial Coin Offering (ICO).
No, we didn't forget! 31 October was the 10th Bitcoin Birthday.