Future of Finance through Cryptocurrency

Introduction

It began ten years ago as a geeky digital oddity and then went on to take the world by storm, shaking up the very entire financial order. A thing that was once equivalent to the cryptic Bitcoin, cryptocurrency now encompasses thousands of different kinds of digital assets, each having unique characteristics and usage. What, then, is cryptocurrency? How does it work, and why is it so gigantic in the world of finance?

So let's just talk about some of the basics, cryptocurrency, underlying technology, the different types of digital assets, the pros and cons of crypto, and kind of what the future's going to look like on this emerging phenomenon. At the end, you can see why it's definitely more than just a fleeting fad.

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. What is Cryptocurrency

Cryptocurrency refers to digital or virtual money, mainly used for conducting transaction and securing these transactions through the use of cryptography, but also regulating the process of creating new units as well as verification of the assets that are transferred. Unlike the real money including US dollars and euros, cryptocurrency functions without a controlling hand from a central government or a bank. Thus it is decentralized, and which serves to differentiate cryptocurrencies from all other forms of money.
Bitcoin was the first…