About Crypto Currencies
A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature, and the underlying blockchain technology that is used. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation, and inflation on a national scale.
The first cryptocurrency to capture the public imagination was Bitcoin, which was launched on January 3rd, 2009 by an individual or group known under the pseudonym Satoshi Nakamoto.
As of September 2015, there were over 14.6 million bitcoins in circulation with a total market value of $3.4 billion. In October 2017 that number was 16,6 million bitcoins with a total market value of $72.6 billion !!!
All 21 million bitcoins are expect to be mined by 2140. At that time, the mining rewards will only be the fees.
Bitcoin’s success has spawned a number of competing cryptocurrencies, each with its own purpose and specific use case. Every Cryptocurrency or even every variant to an already existing currency is trying to address a specific niche in the global economy and therefore has its own reason of existence. A challenging and interesting world to say the least, with amazing opportunities.
Introduction: What is a Cryptocurrency
John Mcafee's predictions
The Top 30 Crypto Currencies and their evolution today
The TaiFu Index is the first Cryptocurrency index.
It gives a view on what is happening with the total market in the past 24 hours with the top 30 Crypto Currencies in the world.
Go here to see the latest: TaiFuIndex