BRIEF INSIGHT ABOUT THE CRYPTO CURRENCY Today crypto currencies have become a global phenomenon recognized by the people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance. In 2016, you‘ll have a hard time finding a main bank, a big accounting firm, a leading software company or a government that did not inquiries crypto currencies, publish a paper about it or start a so-called block chain-project.
Crypto currencies are digital money. Sound money that is protected from political influence. Money that possibilities to preserve and surge its value over time. Crypto Currency is also a fast and affordable means of payment with a worldwide scope, and they are private and anonymous sufficient to serve as a means of payment for black markets and any other forbidden financial activity. But while Crypto Financial Platform is more used for payment, its use as a means of assumption and a store of value dwarfs the payment aspects. Crypto currencies gave birth to an extremely dynamic, fast-growing market for stockholders and speculators.At the same time, the praxis of Pre Launches ICO, mostly facilitated by Ethereum‘s smart agreements, gave live to extremely successful crowdfunding projects, in which often an idea is sufficient to collect millions of dollars. In this rich ecosystem of coins and symbolic, you experience extreme instability. It‘s common that a coin gains 10 percent a day — sometimes 100 percent — just to lose the same at the next day. If you are fortunate, your coin‘s value grows up to 1000 percent in one or two weeks.While Bit coin leftovers by far the most well-known crypto currency and most other crypto currencies have zero non-speculative impact, investors and users should keep an eye on numerous crypto currencies. Here we present the most popular Crypto Currency Exchange of today.
EtherECash is brainchild of young crypto genius Vitalik Buterin has climbed to the second place in the hierarchy of crypto currencies. Other than Bitcoin its blockchain does not only authenticate a set of accounts and stabilities but of so-called states. This means that Ethereum can not only procedure transactions but multifaceted contracts and programs. This flexibility makes Ethereum an excellent instrument for block chain -application Besides this, there are numerous replicas of Ethereum, and Ethereum itself is a crowd of several Tokens like DigixDAO and Augur. This makes Ethereum more a family of cryptocurrencies than a solo currency.Besides those, there are thousands of cryptocurrencies of different families. Most of them are nothing more than efforts to reach investors and quickly make money, but a lot of them potential playgrounds to test inventions in cryptocurrency-technology