How Bitcoin Transaction Works
Benefits of Cryptocurrency Usage
It’s not rare to doubt the value, security, and legitimation of cryptocurrency. Many—or even you—are having a second thought on whether to invest in cryptocurrency or not. Your first question may be; “is it safe?” or “why use it?”
Here are some of the benefits of cryptocurrency that will help you with your thoughts regarding investing or buying;
Benefit #1: Private and Highly Secured
Bitcoin: A Peer-to-Peer Electronic Cash System
Cryptocurrency just needs two keys; a private and public keys. A public key or address is used to send and receive coins, and a private key is your personal key and is as large as 256 bits and can be designed with 64 characters of Hexadecimal. When both keys are combined into a math formula, you create a personalized certificate that is impossible to be duplicated and replicated.