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What Is Bitcoin And How It Works?

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What is Bitcoin? Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009. It is a digital currency in the form of electronic cash which is used and distributed electronically. Bitcoin is a decentralized currency that works in a p2p network. It is not controlled by a single institution or person. Bitcoin transactions are made with no middlemen. In 2017–2018 price-per-coin reached to $20,000. Today some retailers accept bitcoin for online transactions. What Is Bitcoin And How It Works Why Bitcoin? As bitcoin is a digital currency and it was created as an alternative for decentralized payment method. The advantage of bitcoin is it reduces the transfer charges like the banking sector. Bitcoin can be used to buy merchandise secretly if both parties agree with the transaction. Due to bitcoin, international payments are easy and cheap because bitcoins are not tied with any country. Many people using bitcoin only as an investment as it will give good value to them i
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Facebook Steps in the Cryptocurrency-Launching its own currency-Libra by 2020

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Facebook has finally discovered plans for a cryptocurrency referred to as Libra, one in all the worst-kept secrets within the history of virtual cash. On June 18, The Biggest Social media  Facebook  has released its long-awaited white paper for cryptocurrency and blockchain-based financial infrastructure projects. Libra, the new   cryptocurrency   will launch soon in next year and will be known as a stablecoin-Called Libra, the new currency will launch as soon as next year and be what’s known as a stablecoin — a digital currency that is supported by established government-backed currencies and securities. The objective is to avoid fluctuation in values. Libra will be used on facebook owns apps like Whatsapp, Messenger, and other standalone apps. This new digital currency will be linked to a basket of other top currencies like the US dollar and euro and as compared to other currency it will be cheaper and easier to transmit money. As per the latest news the currency plan to laun
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Litecoin and XRP Lists on Germany’s 2nd biggest Stock Exchange Börse Stuttgart

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In the history of Germany, the 2nd biggest stock exchange and the 9th largest in Europe Börse Stuttgart has sanctioned two new ETN’s(Exchange-traded Notes)- Litecoin (LTC) and XRP. According to a company press release, this is the first kind of announcement in Germany. Börse Stuttgart has declared that like ETF’s, ETN’s are also strictly regulated, a transparent and protected instrument that can be used by an investor to invest in different assets or they can buy or sell ETN’s based on the cryptocurrencies Litecoin and Ripple. The company XBT Provider ETN on the Swedish stock market is supervising Litecoin and XRP ETNs. In Sweden’s Nordic Growth Market (NGM) XRP and LTC-based ETN’s are already trading Since April 4. As like other exchange-traded products these  cryptocurrencies  Exchange-traded notes (ETN’s) are available for trading from 8:00 to 22:00 CET Definitely, there will be a great move that reflects on Litecoin and XRP. Now, these two cryptocurrencies are
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US Largest Telecom company AT&T started accepting Crypto Payment via BitPay

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One more step towards cryptocurrency. The United States largest Mobile carrier company AT&T will now accept payments in crypto through BitPay as per the companies short  press release  note. This is the biggest announcement in the cryptocurrency sector. The integration of payment is completed now the company is allowing its customers to pay their phone bill via   BitPay   Online or through official company app myAT&T. BitPay is a well-known bitcoin payment service provider has headquartered in Atlanta, Georgia, United States and they are providing a platform for crypto payment to  AT&T . BitPay will process cryptocurrency and give them payment in regular cash. The telecom company is having more than 150 million subscribers as of Q4 2018 now they can pay their mobile phone bill through the cryptocurrency. AT&T is the first US firm to accept cryptocurrency as a payment. Vice president of AT&T Communications Finance Business Operation- Kevin McDorman Said: We
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Facebook Removed Ban on Crypto and Blockchain Ads

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After one year of restrictions, Facebook decided to remove the ban on cryptocurrency and blockchain based ads. In January 2018 Facebook the social media firm has been decided that the ads involving   blockchain technology , Educational information, industry news and event that are related to cryptocurrency have to take prior written approval before displaying add. But On May 8,  Facebook  updated its advertisement policy and announce that the restrictions on cryptocurrency and blockchain related ads have been lifted. However, it was also clear from Facebook that they will continue to ban ads on ICO (Initial Coin Offering) as well as ads from binary options due to the complexity and misleading to the peoples. As it confirms by Facebook that they are committed to preventing misleading advertising on a Facebook platform especially in the area of financial products and services. For the reason, people who want to advertise on cryptocurrency and related products like cryptocurrency
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