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Bitcoin, Bitcoin Cash, Litecoin, Dash and Ethereum – modern cryptocurrencies are particularly interesting for investors and stock market speculators. However, where can you as an good investor actually buy a crypto cash? How do you participate in the development? Digital currency had an outstanding development over the years and are increasingly becoming the focus of investors. Just a few years ago, Bitcoin and Ethereum were still considered objects of speculation for IT freaks. However, this circumstance has changed, as more and more private and institutional investors are keeping an eye on the development of digital currencies. In total, more than 8,200 bitcoins exist today.
Today, millions of people from all around the globe are interested in cryptocurrency, which is briefly called crypto. It is a digital and decentralized form of money. Decentralization means that all kinds of crypto are not controlled by any gatekeeper or banking system. Digital money can be exchanged for any common currency. You may buy and sell it to earn. Everything depends on what you need. And what strategy you have.
The applications for blockchain technology are virtually limitless. It has the ability to change many aspects of society, business, and our day-to-day lives. Blockchain technology is likely the most significant innovation since the birth of the internet.
This is another little-known "bitcoin" of 2014. However, this year is only formally a start-up year. The developers held an ICO on the Poloniex exchange, which ended in scandal: some of them left the team, having embezzled the allocated funds.
The main purpose of creating BTCS was to increase decentralization of bitcoin. Basically, the code of the currency replicates BTC, but the hash algorithm SCRYPT is taken from LiteCoin (LTC).