Will this ultimately prove to be a significant step for mainstream adoption, or a publicity stunt?
The cryptocurrency paradigm was heralded by the launch of Bitcoin (BTC) in 2008, inspiring a new technological and social movement. The goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security.
A cryptocurrency monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties such as central banks, corporations or governments. Cryptocurrencies are powered by cryptographically secure, verifiable transaction databases called blockchains, which provide their security and transparency.
A cryptocurrency network consists of a global community of stakeholders, including the validators that secure the network while adding transactions to the blockchain, the traders who speculate on these radically market-driven assets, and the builders working to onboard people to this new financial paradigm.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
Crypto garnered another mention in one of Maduro's bombastic speeches.6411
Holders of these coins have a new way to get passive income.4906
Borrowers in the U.S. can now get funds with a DeFi-powered Visa card by Swipe.5283
The terror financing ring reportedly bought cryptocurrency coupons in licensed tobacco shops across France.3471
A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud.14176
Crypto traders can earn passive income through Neutrino stablecoin staking.4104
The crypto industry exudes more confidence against industry risks than outsiders looking in.2858
Blockchain and cryptocurrency have great potential to help us, especially in these challenging times of the global coronavirus outbreak.2081
But it remains unclear where KuCoin is actually headquartered.3896
Taking blockchain tech from buzzword to essential technology should have a singular focus: Making it useful for people’s everyday lives.6543
“Regulators can get comfortable with privacy-enabling cryptos,” Gemini says.2586
As the U.S. Internal Revenue Service continues to clamp down on crypto, one trading platform allows consumers to gain exposure to Bitcoin on a tax-free basis.3050
The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate.4286
OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet.5611