Crypto

Bitcoin Cash appeared as an offshoot of the main Bitcoin cryptocurrency on August 1, 2017.

Binance Coin was launched by the Binance cryptocurrency exchange. Binance became the first exchange to launch its own crypto asset. Although the resource itself is quite young, the rating of the coin is actively gaining momentum, and capitalization is growing. 

The head of Facebook, Mark Zuckerberg, announced the launch of a new cryptocurrency called Libra, which, according to him, will debut in 2020.

As of 2018, there are already more than 2,200 types of cryptocurrencies on the cryptocurrency market. All these cryptocurrencies are the result of the rapid development of the cryptocurrency industry.

The Litecoin cryptocurrency was created in 2011. The abbreviated exchange name is LTC. On the arena of the crypto industry, a very popular cryptocurrency has a colloquial name – light. The platform was created on the basis of Bitcoin, in order to upgrade it.

Global investment industry analysts say that cryptocurrency in the future may replace gold as a capital storage asset. As an example, the very first cryptocurrency Bitcoin (BTC) is cited, the issue of which is limited to 21 million coins and is no longer issued.

Cryptocurrencies are considered a potential threat to the global banking system, an asset capable of "killing" banks. At the same time, social networks use virtual money in the interests of business, giving it an additional boost in development.

The idea of creating "smart-contracts" is promising. Today, storing files, documents and contracts using cloud technology is becoming increasingly popular. In this article, we will understand what smart-contracts are and why they are needed.

The approximate amount of bitcoins mined to date is approximately 18 million coins worldwide. An impressive amount, but if you consider that there are about 7 billion people in the world, then not so much.