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56 minutes ago, Kripto Poulin said:

A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. 
I think pakistan will consider it legal after 10 years , not in pakistan all over the world is crypto future

Thank you.

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On 3/28/2022 at 3:25 PM, Vexell said:

Technically speaking, cryptocurrencies are computer programs that run on a blockchain.

And blockchain, in a sense, is a ledger comprised of all the codes that represent cryptocurrencies. Whenever you want to execute a transaction of cryptocurrency you change a condition necessary for the operation. This eliminates human error factors. You can find a lot of information on octocrypto  io that will make the whole thing easy to understand.

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  • 4 weeks later...

Cryptocurrency is a rapidly rising global phenomenon that has a large following in Pakistan. It is a decentralised digital currency based on blockchain technology that is not managed centrally. Furthermore, modern encryption techniques are used to create and administer cryptocurrency, making it more secure. When transactions are recorded in the blockchain, mining takes place.

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  • 4 weeks later...

Cryptocurrency is virtual money, payments with which take place in a decentralized (not controlled by anyone) system.
The world's first cryptocurrency was bitcoin. Its creator is considered to be Satoshi Nakamoto, whose identity remains undisclosed to this day. He wrote the code and formulated the principles of the future cryptocurrency network. This happened in 2009. And the very next year, bitcoin began its active expansion into the global economy.

 

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