The very first cryptocurrency which has the existence was Bitcoin that has been developed on Blockchain technology and probably it had been launched in 2009 by a strange person Satoshi Nakamoto. During the time publishing this website, 17 million bitcoin have been mined and it's thought that whole 21 million bitcoin could possibly be mined. One other hottest cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Social and hard forks of Bitcoin like Bitcoin Money and Bitcoin Gold.
It is preferred to consumers to not set all profit one cryptocurrency and avoid investing at the top of cryptocurrency bubble. It's been seen that price has been abruptly slipped down if it is on the top of the crypto bubble. Because the cryptocurrency is really a unpredictable market therefore users must Blockchain crypto consulting spend the amount that they can afford to lose as there is number get a handle on of any government on cryptocurrency since it is just a decentralized cryptocurrency.
Charlie Wozniak, Co-founder of Apple believed that Bitcoin is a real gold and it will take over most of the currencies like USD, EUR, INR, and ASD in future and become world wide currency in coming years. Bitcoin was the very first cryptocurrency which arrived to existence and then around 1600+ cryptocurrencies has been launched with some distinctive function for every coin.
A few of the reasons which I have observed and wish to share, cryptocurrencies have now been produced on the decentralized platform - so customers don't involve an alternative party to transfer cryptocurrency from location to another one, unlike fiat currency where an individual desire a system like Bank to transfer income in one account to another. Cryptocurrency developed on a really safe blockchain engineering and nearly nil chance to crack and steal your cryptocurrencies before you don't reveal your some important information.
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