The Future is Here - Are you Ready?
Cryptocurrencies a Hoax or Dream maker?
We all may have heard about this terminology a lot in last few years. some of us have a knowledge but many just take it as a hoax or a like a fake viral news, so we believe in ignoring.
now, let's understand cryptocurrencies in a simpler language:
Cryptocurrencies came into existence into our vocabulary only in mid 2010's. This was around the time when Bitcoin, the first cryptocurrency started gaining traction.
Around mid-2010's bitcoin started to gain a considerable amount of audience.
As the name suggests, the term cryptocurrency is a combination of the words 'crypto' and 'currency'. We all get the 'currency' part. But what is this fancy sounding word 'crypto'? The word crypto comes from the fact that most of the cryptocurrencies, use cryptography principles for generation, transfers etc. Cryptography is a branch of computer science that deals with encryption, decryption, passwords, and all that secret and safety stuff!
There a ton of properties associated with cryptocurrencies.
In simple words cryptocurrenciesare digital, decentralized currencies, that rely upon cryptographic principles for generation, distribution, transferring etc
Ethereal, The Future of Decentralised Cryptocurrency
Ethereal is a decentralized cryptocurrency. This currency is like the Dollar, but it is only available in the digital world. The concept may sound like Bitcoin /Ethereum and is actually not much different from Bitcoin/Ethereum.Ethereal is an unique blockchain platform designed to increase network security and improves the limitations and functionality of initial cryptocurrencies such as Bitcoin/Ethereum . Ethereal is an open source, peer-to- peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency.