African Union New Cryptocurrency: African Union Central Bank

24 June 2021

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<h1 style="clear:both" id="content-section-0">See This Report on Why Bitcoin ($BTC) Plunged, and What Is The<br></h1>

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<p class="p__0">You've most likely heard some of the following terms if you've taken note of the world of finance: Cryptocurrency, Blockchain, Bitcoin, Bitcoin Cash, and Ethereum. But what do they indicate? And why is cryptocurrency all of a sudden so hot? Initially, we'll explain the blockchain basics. As society end up being progressively digital, financial companies are aiming to use consumers the same services to which they're accustomed, however in a more efficient, protected, and cost reliable way.</p>

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<p class="p__1">The origins of blockchain are a bit nebulous. A person or group of individuals known by the pseudonym Satoshi Nakomoto invented and released the tech in 2009 as a way to digitally and anonymously send payments between 2 celebrations without needing a third party to confirm the transaction. It was at first designed to assist in, license, and log the transfer of bitcoins and other cryptocurrencies.</p>

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://static.independent.co.uk/2021/06/09/10/bitcoin%20price%20live%20ethereum%20latest.jpg?width=640&amp;auto=webp&amp;quality=75" alt="Cryptocurrency Latest News Today: Bitcoin tests 25 lakh-mark; Ethereum, Polka Dot, Dogecoin trade in red too—Also check Father's Day wishes for Elon Musk and other top updates - Zee Business"><span style="display:none" itemprop="caption">Cryptocurrency - Latest &amp; Breaking News on Cryptocurrency - Photos, Videos, Breaking Stories and Articles on Cryptocurrency</span>

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<p class="p__2">Essentially, it's a shared database populated with entries that must be confirmed and secured. Think of it as a sort of extremely encrypted and confirmed shared Google File, in which each entry in the sheet depends on a sensible relationship to all its predecessors. Blockchain tech provides a way to firmly and efficiently create a tamper-proof log of delicate activity (anything from international cash transfers to investor records).</p>

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://static.independent.co.uk/2021/05/28/14/dubaicoin%20price%20scam.jpg? <a href=" https: www.openlearning.com u cheekjorgensen-qv832e blog cryptocurrencynewsforexlive">Did you see this? =640&amp;auto=webp&amp;quality=75" alt="Bitcoin price – live: Trump calls crypto a 'scam' after El Salvador president declares it legal tender"/&gt;<span style="display:none" itemprop="caption">cryptocurrency - latest news, breaking stories and comment - The Independent</span>

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<h1 style="clear:both" id="content-section-1">Everything about The future of cryptocurrency: Could it replace the - WINK News<br></h1>

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<p class="p__3">What are cryptocurrencies? Cryptocurrencies are essentially just digital cash, digital tools of exchange that utilize cryptography and the previously mentioned blockchain technology to facilitate secure and confidential deals. There had actually been several iterations of cryptocurrency over the years, but Bitcoin really thrust cryptocurrencies forward in the late 2000s. There are countless cryptocurrencies drifting out on the marketplace now, however Bitcoin is by far the most popular.</p>

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.cbc.ca/1.5932663.1614640043!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_780/bitcoin-graphic.jpg" alt="Why I will never buy Bitcoin (or any other cryptocurrency) - ABC Everyday"><span style="display:none" itemprop="caption">Crypto News - Latest Cryptocurrency News today - Cryptonews.com</span>

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<p class="p__4">Like any other kind of money, it takes work to produce them. Which work comes in the type of mining. However let's take an action back. Satoshi Nakamoto, the founder of Bitcoin, made sure that there would ever only be 21 million Bitcoins around. He (or they) reached that figure by computing that people would discover, or "mine," a specific number of blocks of transactions every day.</p>

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