FAQ Category: general

Cryptocurrency can be used in many ways.  Common uses today are: Used to purchase products from participating sellers. (such as www.overstock.com) As an inexpensive way to transfer funds to friends, family, and strangers. As a...

Although cryptocurrencies are slowly being used by more people and accepted by more vendors year by year, they are still not mainstream yet. Cryptocurrencies will only truly go mainstream when their price stops being so volatile...

Cryptographic electronic money was first conceived in 1983 by David Chaum, an American cryptographer. This design never caught on due to some important technical limitations. There have also been a few other attempts to create a...

While the 90’s saw attempts to build digital currencies such as the Bit Gold and B-Money, they were never adopted by enough people and so they faded away. It was Satoshi Nakamoto’s announcement of his Bitcoin design in late 2008...

As of February 2021, there are 4081 cryptocurrencies or tokens that are currently listed on the coinmarketcap.com website. The vast majority will probably never have much value and will probably disappear someday. Bitcoins are...