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Today,cryptocurrencies,Bitcoin & Ethereum being the most prominent among them ,are

a global craze ,with their valuations & market  capitalization shooting through the roof .

A cryptocurrency is a digital or virtual currency that uses cryptograph for security 

Cryptocurrency  is a DE-centralized  & organic in nature i.e. it is theoretically immune to any

interference  or manipulation by any central authority ,even government or regulatory 

authorities. 


 cryptocurrencies use a distributed public ledger called blockchain, 

a record  of all transaction updated and held by currency holders ,

in order to keep the faith & everything in  check . 

units of cryptocurrencty are created through a process called 

"mining" which uses complicated mathematical formulas to 

generate coins.Bitcoin was the first cryptocurrency ,then came a 

host of successor, including Ethereum , Ripple & Bitcoin cash ,all 

running on their own distributed ledger system .

                        MECHANISM 

 .
Because of its unique & secure features ,cryptocurrencies as well as their underlying

  blockchain technology is being increasingly by banks & financial institution across..

 The number of transaction on the bitcoin & ethereum trading platform in India has also 

 increased exponentially leading bitcoin platform are reporting that 3-5 lakh  downloads and 

 adding few thousands user everyday . around thousand bitcoin are traded on a daily basis 

on an average.
 
  

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