Crypto assets are so important and everyone who transact Digitally should carry for future.
Now a days An increasing number of retailers and internet sellers are beginning to accept Bitcoin as a method of payment.
We now read about it not only in the business sections of daily websites or financial publications, but on their front page.
Almost every country's government and Jurisdictions around the world are scurrying to put into place legislation and regulations to allow or make it easier for companies to carry out initial coin offerings (ICO’s) or token issuances.
Is “cryptocurrency” even the right terminology?
Or should it be “digital currency”? “Virtual currency”?
We believe we should consider as
"DIGITAL CRYPTO ASSET "
So, the question which we must now ask ourselves: whatever we call it, do cryptocurrencies, really deserve this much attention.
Should we care about the concept of cryptocurrency this much?
What will the impact of crypto assets be in the long term?
Let's understand the crypto on Digital platform
cryptocurrency is – as blockchain based platforms are meant to be – completely decentralised. As a financial based blockchain, that means it is not governed by any central bank or monetary authority. It is rather maintained by a peer-to-peer community computer network made up of users’ machines or “nodes”.
Using blockchain, it is effectively a digital database – a “distributed public ledger” – which is run via cryptography. Cryptocurrency such as Bitcoin is secure as it has been digitally confirmed by a process called “mining”.
Mining is a process where all the information entering the Bitcoin blockchain has been mathematically checked using a highly complex digital code set up on the network.
That blockchain network will confirm and verify all new entries into the ledger, as well as any changes to it.
Note that while it is fundamentally anonymous, the mathematics behind it makes it a global public transaction ledger, so every transaction can ultimately be traced through cryptography.
Note for CRYPTO users
Should have Wallet connected with Banks for Real Money
Should have wallets on exchanges for Trade and multiply the investments with alternative cryptocurrency assets