End of year crypto roundup: How did Bitcoin perform in 2018?

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End of year crypto roundup: How did Bitcoin perform in 2018?
By Neer Varshney


Bitcoin — the cryptocurrency that started it all — was released in 2009 as open-source software by a person or group of people using the name Satoshi Nakamoto. The idea was to create a peer-to-peer electronic currency that didn’t rely on any central authority or intermediary for validating the exchange of money. Transfer of Bitcoin is instead verified through a distributed consensus system called mining and the confirmed transactions are listed on the Bitcoin’s blockchain — essentially a shared public ledger. The whole process of transaction makes Bitcoin a pseudonymous currency that guarantees a certain level of privacy — if…

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December 28, 2018 at 03:00PM
via The Next Web http://bit.ly/2ESzdTl

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