33 Cryptocurrencies Described In Four Words

Cryptocurrency has been in existence for more than ten years however, there are many people still not aware of Bitcon and cryptocurrency in general. Cryptocurrency as we know it today, all started with a movement called cypherpunks during the 1980’s.   The movement was all about a social and political change using privacy enhancing technologies such as cryptography, known as the cypherhunk movement because it was started by an activist named cypherhunk.   Cryptography is a form of encryption which is based on the complex mathematical theories and computer programming.…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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