This cryptopedia is the complete essence of the information that can be found on internet about Blockchain & Top Cryptocurrencies like Bitcoin, Ethereum, XRP (Ripple) and many more. In short this is an encyclopedia of the crypto universe. Through our blogs we at BitBoysInternational, strive to explain you everything about the crypto world so you won’t have to surf around the internet anymore for your queries.
Your search here is over. We shall start by explaining the basics.
Let’s begin with the word Crypto. Crypto means concealed/ secret. Cryptocurrency is also known as Internet money or digital currency. It is a digital entity which acts as a medium of exchange digitally. Cryptocurrencies are generally made on a most secure digital ledger technology known as Blockchain which keeps track and record of all transactions held within the database.
World’s first decentralized crypto currency that came to be known is Bitcoin also known as BTC or XBT, which came into existence in 2009. Its creator, Satoshi Nakamoto is still a mystery. No one knows who Satoshi Nakamoto is, Where did he come from and Where did he vanish after doing such a mind boggling invention. This invention of his, proved to be a total internet breaking revolution for all.
Since then, a lot of other Altcoins (alternate variants of BTC and other cryptocurrencies) have come into existence.
More insight into this Crypto encyclopedia:
Want to learn about Blockchain.
Want to learn about world’s 2nd biggest cryptocurrency- Ethereum(ETH).
Want to learn about world’s 3rd biggest cryptocurrency- Ripple (XRP).
Want to learn about Lightening networks.
“The future of money is Digital currency – Bill Gates “