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Cryptocurrency

A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins.

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Bitcoin

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call it a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

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Bitcoin & Cryptocurrency Latest News

IBM Joins Decentralized ‘Yellow Pages’ for Blockchain Projects
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IBM has joined a decentralized cross-blockchain registry initiative which it states is a Yellow Pages analogue for blockchain projects, according to an announcement September 13. The initiative called Unbounded Registry will be led by blockchain startup HACERA, and is designed to provide “a decentralized means to register, look up, join and transact across a variety […]

Post source: IBM Joins Decentralized ‘Yellow Pages’ for Blockchain Projects

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com

Study: Hard Forks Constitute Threat to Cryptocurrency Stability
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A new study suggests that the stability of digital currencies is threatened by software updates, known as “hard forks,”according to a September 12 press release. The study states that clear guidelines on software updates could help stabilize cryptocurrencies. The paper was prepared by a group of researchers, led by the Oak Ridge Institute for Science […]

Post source: Study: Hard Forks Constitute Threat to Cryptocurrency Stability

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com

Bitmain’s $50M ‘Permissionless Ventures’ First Project: BCH Dev Con
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Cryptocurrency mining hardware giant, Bitmain, is sponsoring a Bitcoin Cash (BCH) hackathon in the United States — San Francisco, to be exact. For the China-based company, BCH Dev Con is the first project financed by its $50 million fund, Permissionless Ventures (PV).    Also read: Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge […]

Post source: Bitmain’s $50M ‘Permissionless Ventures’ First Project: BCH Dev Con

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com

Litecoin (LTC) Price Analysis: A Double Bottoms Kick-starting Litecoin Recovery
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Other than ETH which is up 13 percent, Litecoin remains the last 24 hours top performer adding 12 percent. The result is that morning star pattern and rejection of bears at Aug 2018 lows at around $45-$50. Going forward, we suggest small size Litecoin buys for risk off traders with first targets at $70. Afterwards,...

The post Litecoin (LTC) Price Analysis: A Double Bottoms Kick-starting Litecoin Recovery appeared first on NewsBTC.

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