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Nicholas Constable Weybridge - Cryptocurrency is an alternative currency not issued by any government and not associated with any country. It is a digital asset which can be transferred between two people using a code where there is no middleman or no involvement of Credit Company. \nVisit- http://www.nicholasconstableweybridge.blogspot.com

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a comprehensive guide to cryptocurrency bitcoin

A comprehensive guide to Cryptocurrency: Bitcoin, Ethereum, Litcoin andother Altcoins

- Nicholas ConstableWeybridge

what is cryptocurrency
What isCryptocurrency?
  • Cryptocurrency is an alternative currency not issued by any government and not associated with any country. It is a digital asset which can be transferred between two people using a code where there is no middleman or no involvement of Credit Company. This decentralized currency maintains anonymity where there is no need to know people who are exchanging and transactions are untraceable. There is also some concern that such currency is used by criminals as privacy is maintained during thetransactions.
  • The first Cryptocurrency, Bitcoin, was invented in 2009 byan
  • unknown person or group of people named as “SatoshiNakamoto”.

Nicholas ConstableWeybridge

how many crytocurrencies exist
How many Crytocurrenciesexist?
  • Bitcoinwasinventedfirstbutsubsequently,thereisnumberofotherintroducedlaterwhicharecollectivelycalledasAltcointo make it different from Bitcoin. These works on the same basics but they use different code. Following is the list of some alphabetically arranged Cryptocurrencies and the most popular are marked as bold. There are many more as well besides following.
  • AdEx(ADX)
  • aelf(ELF)
  • Aeron(ARN)
  • AirSwap(AST)
  • Agrello (DLT)
  • AION(AION)
  • Amber(AMB)
  • Ark(ARK)
  • Basic Attention Token(BAT)
  • BCX(BCX)

Nicholas ConstableWeybridge

bcx bcx bancor bnt binance bnb bitcoin

BCX(BCX)

  • Bancor(BNT)
  • Binance(BNB)
  • Bitcoin(BTC)
  • Bitcoin Cash (BCC) Dash(DASH)
  • Decentraland(MANA)
  • DigixDAO(DGD)
  • district0x(DNT)
  • Enigma(ENG)
  • EnjinCoin(ENJ)
  • EOS(EOS)
  • Ethereum(ETH)
  • Ethereum Classic(ETC)
  • ETF(ETF)
  • Etherparty(FUEL)
  • EthLend(LEND)
  • ETHOS(BQX)
  • Everex(EVX)
  • Bitcoin Diamond(BCD)
  • Bitcoin Gold(BTG)
  • BitShares(BTS)
  • BlockMason Credit Protocol(BCPT)
  • Bread (BRD)
  • Bytom(BTM)
  • Cardano(ADA)
  • ChainLink(LINK)
  • Cindicator(CND)
  • CoinDash(CDT)
  • CyberMiles(CMT)
  • Genesis Vision(GVT)
  • Gifto(GTO)
  • GXShares(GXS)
  • HealthCare Chain(HCC)
  • Hshare(HSR)

FunFair(FUN)

Nicholas ConstableWeybridge

icon icx iconomi icn komodo kmd kybernetwork

ICON(ICX)

  • ICONOMI(ICN)
  • Komodo(KMD)
  • KyberNetwork(KNC)
  • Lisk(LSK)
  • Litecoin(LTC)
  • LLToken(LLT)
  • loopring(LRC)
  • Metal(MTL)
  • MIOTA(IOTA)
  • Modum(MOD)
  • Moeda Loyalty Points(MDA)
  • MONACO(MCO)
  • Monero(XMR)
  • Monetha(MTH)
  • Neblio(NEBL)
  • NEO(NEO)
  • NeoGas(GAS)
  • Nuls(NULS)
  • OMG(OMG)
  • openANX(OAX)
  • OYOW(YOYO)
  • et(POE)
  • Populous(PPT)
  • PowerLedger(POWR)
  • Qtum(QTUM)
  • Quantstamp(QSP)
  • Raiden Network Token(RDN)
  • Request Network(REQ)
  • Ripio Credit Network(RCN)
  • Ripple(XRP)
  • Salt(SALT)
  • Simple Token(OST)
  • SingularDTV(SNGLS)
  • SONM(SNM)
  • Status(SNT)
  • Stellar Lumens(XLM)
  • Storj(STORJ)
  • Stratis(STRAT)
  • Substratum(SUB)
  • Super Bitcoin(SBTC)
  • TetherUS(USDT)
  • Tierion(TNT)

Nicholas ConstableWeybridge

other benefits or owning cryptocurrency
OtherbenefitsorowningCryptocurrency
  • This is very easy to manage different accounts for these currencies. As nobody knows how much you own so you are safe from hackers, cyber criminals and criminals. Money can be transferred just by codes globally. The main benefit is very low transaction fees during transfer of money to anybody all over the world. It is very easy to send big money or tiny amount globally without the involvement of any bank. There is no need to lose money during exchange at the time of global payment. You don’t need to give your personal details to anybody before making any transactions.So,itissafemethodforpaymentwithoutthefearofidentitytheft.Aspaymentsare irreversible, there is no need to worry about charge backs like Visa, MasterCard or PayPal. Many people seeCryptocurrencyas long term investment plan. Purchasing Bitcoin to is also emerging as a way to protect devaluation of national currency and is very popular in countries like Zimbabwe. The power of Smart Contracts or token on Ethereum platform is also getting popular enabling companiestogetmillionsofdollarincrowdfunding.

Nicholas ConstableWeybridge

how to store cryptocurrency
How to storeCryptocurrency?
  • Cryptocurrencyis digital money so owning Cryptocurrency simply means that you have a software address where money is stored and a secret key to see and use the balance. The address and key can be stored electronically or on paper as long as you can perverse it. The place where you store Cryptocurrencyis calledasWallet.Walletcanbeonlineoroffline.Onlinewalletcanbeoftwo
  • type — first is wallet available at different websites and second is wallet software stored in computer. Offline wallet can be a hardware based wallet which is just like a memory card or junk drive which can be accessed using USB port. As Cryptocurrency is based on code so the safest way to store it is use paper based method. Hackers may get access to online system so there is always a risk for online storage of money. However, paper based storage is least convenient. Having digitalwalletisfirstthingtodobeforegettinganyCryptocurrency.

Nicholas ConstableWeybridge

follow nicholas constable webridge
Follow Nicholas ConstableWebridge
  • nicholasconstableweybridge.blogspot.com
  • issuu.com/nicholasconstableweybridge
  • https://www.youtube.com/channel/UCP3JwGF3_0kDHflfGDy8YoA
  • http://nicholasconstableweybridge.blogspot.co.uk/2017/12/nicholas- constable-weybridge-talking.html

Nicholas ConstableWeybridge