May I Build My Own Cryptocurrency

The first cryptocurrency which comes into the existence was Bitcoin that has been built on Blockchain engineering and probably it was launched in 2009 by a mysterious individual Satoshi Nakamoto. At the time writing this blog, 17 million bitcoin have been mined and it is thought that total 21 million bitcoin might be mined. One other most widely used cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Social and hard forks of Bitcoin like Bitcoin Money and Bitcoin Gold.

It is recommended to users never to put all money in one cryptocurrency and try to avoid trading at the maximum of cryptocurrency bubble. It has been seen that value has been suddenly slipped down when it’s on the peak of the Recover stolen money from scammer  crypto bubble. Because the cryptocurrency is really a unstable industry therefore customers must spend the amount which they are able to reduce as there is no get a grip on of any government on cryptocurrency because it is really a decentralized cryptocurrency.

Bob Wozniak, Co-founder of Apple predicted that Bitcoin is really a real gold and it’ll rule all of the currencies like USD, EUR, INR, and ASD in potential and become international currency in coming years. Bitcoin was the very first cryptocurrency which arrived to existence and afterwards about 1600+ cryptocurrencies has been introduced with some distinctive feature for every coin.

A few of the causes which I have noticed and wish to reveal, cryptocurrencies have now been made on the decentralized platform – therefore people don’t involve an alternative party to transfer cryptocurrency from one destination to a different one, unlike fiat currency wherever an individual need a system like Bank to transfer money from one bill to another. Cryptocurrency developed on a very safe blockchain engineering and very nearly nil chance to compromise and grab your cryptocurrencies and soon you don’t share your some important information.