Cryptographic currency
Cryptocurrency is a distributed accounting system based on cryptography, storing information about the state of ownership in contracted units. In short it is a virtual money.

Cryptocurrency is not considered a currency unit, a payment instrument or electronic money by most countries.

The source code is based on free software, so anyone can download it and create your cryptocurrency.

The most popular cryptocurrent is Bitcoin, however, there are several hundred other cryptocurrencies, which are referred to as "altcoins".

Examples of cryptocurrencies:
History:

Bitcoin is one of the first implementations of the concept of cryptocurrency, which is the first time was described by programmer Wei Daia in 1998.        The very concept of bitcoin in its present form was created in 2008 and its author is hiding under using the pseudonym Satoshi Nakamoto a member of the metzdowd.com mailing list. It's there, October 31 2008 for the first time was published Satoshi Nakamoto Manifesto describing specific principles of the bitcoin network. At the end of 2010, Satoshi left the project to inform the community, that he must deal with something else. The creator of bitcoin has never revealed his true identity.

The most important events:

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Extraction of cryptocurrencies:

The extraction of cryptocurrencies is carried out using cryptocut excavators using the computing power intended for this purpose.

Exchange:

In addition to extracting cryptocurrencies in a traditional way (by digging them) you can also buy them on the stock exchange. Their popularity, especially in recent times, has increased so much that the turnover of some of them on the stock market was above expectations and their capitalization exceeded the majority of well-known companies. In this way, the most popular of them - Bitcoin, has achieved worth over 20,000 $ ~ 70,000 PLN! Unfortunately, the curiosity of banks aroused huge interest and publicity with the virtual currency that recognized this as a threat and decided to fight it. Starting from regular ads, by closing their bank accounts owners of banks have persuaded an increasing number of people that the upcoming innovation is bad. Even countries began to change their views. Initially, many nations began to create their own cryptocurrencies as a future measurable unit. Then, for example, Poland has spent PLN 100,000 on a campaign against the new system. As a result of these events, most cryptocurrencies have significantly lost on its value. Despite everything, they have remained on the stock exchange and are gradually catching up. Nothing will stop progress!
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