Cryptocurrencies are virtual or digital currencies that are protected by Cryptography, a technology that makes it seemingly impossible to double-spend. Being decentralised networks, most of the cryptocurrencies are powered by blockchain technology, a distributed ledger that’s capable of storing information in a safe, verifiable, permanent, and decentralised manner. The launch of the Bitcoin network and the crypto assets that followed has proven to be a significant milestone in the development of various blockchain-based protocols. Albeit beneficial, these blockchain (or crypto) protocols have become the topic of numerous debates, some lasting for years. With most of the crypto asset networks designed to solve a few of the problems facing traditional financial institutions, they have become the perfect financial tool for carrying out bulk and single transactions. While there is some scepticism from those in favour of traditional banks, cryptocurrencies have proven to be the future o
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