Crypto Tamanga

One answer to this question would be - "The second most expensive cryptocurrency after Bitcoin". However, for the purpose of this discussion we'll go with the following definitions: "Ethereum is a decentralized platfrom for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference" - ethereum.org "Ethereum is an open source software platform based on blockchain technology that enables developers to build and deploy decentralised applications or dApps" - blockgeeks.com Much has been said about blockchain technology in my other post so I will not belabour to go into it here. What we need to keep in mind is that Ethereum project is built on a different blockchain from the Bitcoin blockchain. The Ethereum blockchain allows other applications to be built on it without having to build an entirely new blockchain. Ethereum works by way of executing smart contracts. Smart contracts allow progr...

According to www.bitcoin.org , Bitcoin is an innovative payment network and a new kind of money. The website states that Bitcoin uses peer-to-peer technology to operate with no central authority or bank. In simple terms Bitcoin is digital money. A string of "ones and zeros" (bits). These bits are encrypted by way of cryptography, hence the name cryptocurrency. In fact, Bitcoin was the first ever cryptocurrency. It is the Godfather of cryptocurrency. That is why we cannot talk about cryptocurrency without talking about Bitcoin. Furthermore, we cannot talk about Bitcoin without talking about Blockchain Technology . Blockchain technology, and consequently Bitcoin, was developed by Satoshi Nakamoto in 2008. Now Satoshi Nakamoto is somewhat of a myth more like Keyser Soze from the 1995 movie The Usual Suspects. Some people actually believe that it is not one person but a group of four people using a pseudo name. Satoshi Nakamoto has not been heard from since 2012. Blockchain...