Cryptocurrency : How everything started
A cryptocurrency is a coded string of data representing a currency unit. Peer-to-peer networks called blockchains monitor and organize cryptocurrency transactions, such as buying, selling, and transferring, and also serve as secure ledgers of transactions. A cryptocurrency is a digital or virtual currency that is meant to be a medium of exchange. It is quite similar to real-world currency, except it does not have any physical embodiment, and it uses cryptography to work. The cryptocurrency was first mentioned in the 1980s, more precisely in 1989. when American cryptographer David Chaum published a conference paper outlining an early form of anonymous cryptographic electronic money. The concept was for a currency that could be sent untraceably and in a manner that did not require centralized entities like banks. In 2008, Satoshi Nakamoto (a pseudonym) published a paper. It outlined a system for creating a digital currency that didn’t require trust in any third party. Satoshi Nakamo
