martes, 18 de septiembre de 2018

How do criptomonedas like the bitcoin work?


The physical representation of Criptomonedas as the Bitcoin does not have any real value!

Criptomonedas, such as Bitcoin or oil, will soon be launched in Venezuela on the market, is a virtual payment method, so it is not marked as currency or printed as a note by the central bank.

This type of currency is generated by a complex computational process known as the blockchain (block chain) of a computer.

In The block that is linked between them, all publicly visible transactions are stored. It is based on open source and peer-to-peer technology, which is the communication between peers.

By encrypting technology, ensure that only Bitcoin owners can trade. It also ensures that each Bitcoin unit can be used only once.

The solution to the mathematical process that supports these currencies is called  "mining ". However, these procedures are questioned because they consume a lot of energy.

The purpose of these currencies can also be obtained on the Internet in real currencies (e.g., euros or dollars), in order to enable governments and banks to exchange independently and participants remain anonymous.

The most famous Criptomoneda is Bitcoin, which has existed since 2009.

It is believed that his creator is a figure named Mukonnaga, although it is unclear who really stands behind the character.

Australian computer scientist Craig. Wright claimed to be the man, but could not provide conclusive evidence. The advocates of this currency are one of their great virtues, they are not subject to government power, and their remuneration channels are more difficult to follow. However, his critics believe that this digital currency can be used for criminal purposes because of the latter's characteristics.

They also warned that, due to the lack of control and the huge movement of its value, criptomonedas mainly caused speculative bubbles. For example, the value of Bitcoin has fluctuated over the last few months, reaching a historical peak of about 20 000 dollars last December, averaging 10 000 dollars per Bitcoin.

In addition, different types of criptomonedas based on the same blockchain technology have multiplied. This example is criptokitties, a virtual pet that provides a didactic tool for those who start investing in this criptodivisas.



Bitcoin,tecnology,blockhain,criptomonedas,internet.

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