What you didn’t know about crypto

What you didn’t know about crypto

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Cryptos have taken the financial world by storm and they have the potential to revolutionize the future of e-transactions even more! Let’s have a look at some of the most important ones:

BITCOIN – You probably already know that the name of the founder(s) is Satoshi Nakamoto. But, did you know that the name in Japanese roughly translates to Satoshi = wise, Naka = inside or relationship and Moto = the foundation?

ETHEREUM – This crypto was created via crowdfunding! How cool is that?

LITECOIN – The developers of the crypto wanted to create the “silver” to Bitcoin’s “gold” so they kept some of the features of Bitcoin that worked well and changed others they felt needed improvement.

BITCOIN CASH – It is created from a hard fork of Bitcoin and has faster transactions than Bitcoin because of its bigger blocks.

RIPPLE – Unlike other cryptos, the Ripple blockchain is exclusively designed for financial institutions and only offers products designed for these organizations.

 

Have you ever traded cryptos? www.traders-trust.com/cryptocurrency/

Nordine Mejd

CFTe, MSTA. CEO at TradingForex.com

4 年

Interesting!

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