Cryptocurrency

Cryptocurrency is a type of digital currency that relies on cryptography and blockchain technology to enable users to send and receive the currency without a trusted third party. The most popular cryptocurrency out there, Bitcoin, works by having numerous computers running a complex math puzzle in order to verify blocks (hence: blockchain) which contain all the new transactions made on the network. Once they do, they get bitcoins as reward, making it lucrative for them to power the network. Since it takes vast computational power to beat all of these computers at math, this makes Bitcoin secure from attackers who would want to falsify transactions. Besides Bitcoin, there are numerous other cryptocurrencies, each with a different goal. Best known among them is Ethereum, which uses similar basic principles as Bitcoin in order to power a network for decentralized applications.

More Cryptocurrency - Page 28

Here's what you need to know before you buy bitcoin
Here's what you need to know before you buy bitcoin

2018 will be the year of Bitcoin's rivals
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Bitcoin is inspiring people to do crazy, paranoid things
Bitcoin is inspiring people to do crazy, paranoid things

Bitcoin Cash skyrockets in value after Coinbase adds support
Bitcoin Cash skyrockets in value after Coinbase adds support



The top 10 tech stories of 2017
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Bitcoin takes a break but Ethereum and other cryptocoins reach new highs
Bitcoin takes a break but Ethereum and other cryptocoins reach new highs



Tobacco company makes a hard pivot to cryptocurrency mining
Tobacco company makes a hard pivot to cryptocurrency mining

4 industries you probably didn't realize could be impacted by net neutrality
4 industries you probably didn't realize could be impacted by net neutrality



Bitcoin's competitors are also at all-time highs — and rising fast
Bitcoin's competitors are also at all-time highs — and rising fast



Bitcoin is a victim of its own success
Bitcoin is a victim of its own success

Hackers pull of mega-heist, swipe nearly $70 million worth of bitcoin
Hackers pull of mega-heist, swipe nearly $70 million worth of bitcoin


Steam no longer accepting Bitcoin as payment, because it's too volatile
Steam no longer accepting Bitcoin as payment, because it's too volatile

People are spending millions on virtual CryptoKitties
People are spending millions on virtual CryptoKitties


This was Bitcoin's big year, but where does it go from here?
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How to play CryptoKitties, the insanely popular crypto game
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