Cryptocurrencies are essentially “New Money,” backed by independently operated computers and user faith in an open source algorithm, that runs on blockchain technology. According to MIT Technology Review, “A blockchain is a shared, permanent, encrypted dataset, created by a network of computers according to a set of software rules.” Understanding the operation of blockchain technology and cryptocurrencies (e.g. bitcoin) can be daunting. Yet, they have become central to the discussion of investing and technology, so it’s time to dive in.
So why do you think you should dive in? There are very good reasons to.
Read More Here: https://finance.yahoo.com/news/investors-need-start-paying-attention-cryptocurrencies-160157737.html
