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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CryptoBridge review – Trade EOT and Popular Altcoins

CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners.  BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. You can start using the decentralized exchange now at https://wallet.crypto-bridge.org/     The difference between Centralized and Decentralized With a centralized exchange, the exchange holds the private keys to your assets, and therefore you are at risk from anything that happens to the exchange. Look at what happened with Mt. Gox, for example, where it was hacked and…

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