Is Crypto conventional?

General discussion about the Bitcoin

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Sophia
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Tue Aug 27, 2019 4:28 am

This Stellar network has lived up to its name, with the share price of its cryptocurrency token XLM growing by a stratospheric 30,000pc in 2017.

It was launched by Ripple co-founder Jed McCaleb in 2014 and, like Ripple, it is a transaction network for fast and efficient cross-border money transfers.
Antjosh
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Tue Aug 27, 2019 4:28 am

Cardano is another platform used to send and receive digital currencies, including its own cryptocurrency, ADA.

Created by Ethereum co-founder Charles Hopkinson in 2015, it is the first peer-blockchain powered by scientists and academics.

The Cardano network also aims to run decentralised apps on the blockchain. It currently has a market capitalisation of around $16bn.
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Sophia
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Tue Aug 27, 2019 4:30 am

In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”.
This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.
Antjosh
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Tue Aug 27, 2019 4:30 am

Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money.
Emmanuel
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Tue Aug 27, 2019 4:31 am

Ethereum was launched by Vitalik Buterin on 30th July 2015.
He was a researcher and programmer working on Bitcoin Magazine and he initially wrote a white paper in 2013 describing Ethereum.
Buterin had proposed that Bitcoin needed a scripting language. He decided to develop a new platform with a more general scripting language when he couldn’t get buy-in to his proposal.
Lobudei
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Tue Aug 27, 2019 4:32 am

Bitcoin Cash was born out of the idea of making Bitcoin more practical for small, day-to-day payments. In May 2017, Bitcoin payments took about four days unless a fee was paid, which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August 2017.
Emmanuel
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Tue Aug 27, 2019 4:32 am

Litecoin was released in October 2011 by Charlie Lee, a former Google employee.
It was a fork of Bitcoin with the main difference being a smaller block generation time, increased maximum number of coins, and a different script-based algorithm.
Emmanuel
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Tue Aug 27, 2019 4:35 am

Bitcoin (BTC) It's been about a decade since Bitcoin expanded currency into the digital space of the internet. ...
Lobudei
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Tue Aug 27, 2019 4:36 am

2017 was a great year for cryptocurrencies as their market capitalization grew from about $18 billion in January 2017 to $800 billion in January 2018.

Unfortunately, after that, we saw a huge correction as the prices of almost all of the top 10 cryptocurrencies crashed and their market capitalization reached a low point of $254 billion at the beginning of April 2018.
Emmanuel
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Tue Aug 27, 2019 4:37 am

Created in 2008, Bitcoin was the first ever cryptocurrency. The interesting thing about Bitcoin is that no one knows who created it. All we know is that he/she/they go by the pseudonym of Satoshi Nakamoto.
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