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WHAT IS A CRYPTOCURRENCY ANYWAY?

Aug 06, 2019 - City A.M.

With so many of these things available to buy or trade, how can anyone tell the difference from one "cryptocurrency" to another? To the purists, a cryptocurrency must exist on a protocol which is fully decentralised, permission-less and publicly accessible. This is the case with bitcoin. The advantage of having these characteristics is that cryptocurrencies are inherently censorship-resistant, unable to have a 3rd party assert control over who uses it, and what they chose to do with it. Cryptocu...