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The total market value of cryptocurrencies rose above $2 trillion mark last month as Bitcoin continued to climb along with other coins such as Cardano, XRP and Dogecoin.
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on block chain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
Bitcoin was launched in 2009 by an individual or group known by the pseudonym "Satoshi Nakamoto."1 As of August 2021, there were over 18.8 million bitcoins in circulation with a total market cap of around $858.9 billion, with the figure updating frequently.
Some other crypto currencies are - Bitcoin , Ethereum, Ripple, Dash, Litecoin , Dogecoin etc.
By: Brijesh Kumar ProfileResourcesReport error
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