Hello dear reader! In my first blog I would like to tell more about the web application I am creating now.
P2P Crypto is an online peer-to-peer crypto payment system that makes paying for things online and sending and receiving money safe and secure. It serves as an electronic alternative to traditional paper methods such as checks and money orders.
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A Cryptocurrency or crypto is a digital currency which is designed to work as an exchange through a computer network that is not on any central authority, such as a bank, to uphold or maintain it.
According to Jan Lansky, a cryptocurrency is a system that meets conditions:
- The system does not require a central authority such as a bank
- The system keeps an overview of cryptocurrency units and who own them.
- The system defines whether new cryptocurrency units can be created and ownership.
- Ownership of cryptocurrency units can be proved exclusively.
- The system allows transactions to be performed in which ownership of the cryptographic units is changed.
- After the creation of bitcoin, the number of cryptocurrencies available over the internet is growing. This is a list of notable cryptocurrencies.
