Welcome to Crypto Community Luxembourg Blog Page
History of Cryptocurrency
Cryptocurrency existed as a theoretical construct long before the first digital alternative currencies debuted. Early cryptocurrency proponents shared the goal of applying cutting-edge mathematical and computer science principles to solve what they perceived as practical and political shortcomings of “traditional” fiat currencies.
What is Blockchain?
All cryptocurrencies use distributed ledger technology (DLT) to remove third parties from their systems. DLTs are shared databases where transaction information is recorded. The DLT that most cryptocurrencies use is called blockchain technology. The first blockchain was designed by Satoshi Nakamoto for Bitcoin.
Why is cryptocurrency so popular?
Bitcoin, one of the most famous forms of cryptocurrency, become so popular that the value rose from under $1,000 to $19,000 in 2017 alone. Cryptocurrency is turning heads everywhere and here’s the reason why it’s become so popular.
The 10 Cryptocurrencies
Other Than Bitcoin
The field of cryptocurrencies is always expanding, and the next great digital token may be released tomorrow, for all anyone in the crypto community knows. Find out about 10 other cryptocurrencies other than bitcoin!
Is Bitcoin Legal?
Bitcoin, the world’s first decentralized digital currency, is attracting attention across the globe. When acknowledging that it is also the first borderless, apolitical form of money in history, it’s hard to avoid the topic of whether it can be used legally.
What are the advantages & disadvantages of Bitcoin?
Payment freedom – It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money.