The etymology of the word Bitcoin was first coined in 2008 which is a lexeme of the words ‘bit’ and ‘coin’. With ‘bit’ which pertains to the basic unit of information used in digital communications and ‘coin’ which is a rounded piece of metal or plastic that represents monetary value. It is so dramatically valuable […]
What is Cryptocurrency?
The semantics of Cryptocurrency is “crypto” which comes from the Greek word “kryptós” meaning “hidden or secret”; and the word “currency” which refers to a system of money generally accepted or in use. So, by all means, cryptocurrency is “hidden money”. Cryptocurrency, with the use of megacomputers, may also be defined as limited figures in a database […]
What is Blockchain?
There has been a lot of talk on “Blockchain” technology which dawned a new digital revolution. Formal and informal forums have been held raising speculation and interest now even from the general public. And just like all new trends, there comes a mystique and myth which I would like to address. Blockchain is simply put as […]