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Cryptocurrency Revolution!
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Back in the day, individuals who knew about cryptocurrency were those working inside tech circles. It wasn't very well heard of and was operating out of the view of the normal individual . Fast forward to the show day, even the average Joe will have heard of the wonder . Most people will have heard stories of how if you purchased Bitcoin years ago, how you’d now have millions of pounds worth. You’d literally be loaded! That story seemed to grab the attention of a lot of people around the globe. Did You Know? May 22 nd is known as Bitcoin Pizza Day! A programmer paid a Bitcoin user 10,000 bitcoins for two Papa John’s pizzas on this day in 2010. Well, You're in for a treat! The revolution isn't over just yet. It's still not too late for you. Start mining or start investing! Its as easy as ordering a pizza!
The science behind the technology!
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The Blockchain technology is probably the best invention since the internet itself. It allows value exchange without the need for trust or for a central authority. The objective of this article is to clarify how the blockchain works without talking about the specialized points of interest in depth , but showing just enough to deliver you a common idea of how the technology works! Cryptographic keys Two people wish to transact over the internet. Both of them holds a private key and a public key. The primary purpose of this component of blockchain technology is to make a secure computerized identity reference. The Identity is based on ownership of a combination of private and public cryptographic keys. The combination of these keys can be seen as a able shape of consent , making an greatly useful computerized signature. In turn, this computerized signature gives solid control of ownership . A Distributed Network Much of the value of the bi