Ether, launched in 2015, is presently the second-largest digital currency by market cap after bitcoin. The platform is useful to codify, decentralize, secure, and trade just about anything of value. Ether is the cryptocurrency that is generated by the Ethereum as a reward to mining nodes for computations performed. Proposed in late 2013 by Vitalik, Ethereum is an open-source, blockchain-based distributed computing platform featuring smart contract functionality. Check out the best blockchain certification courses if you are looking to get a head start to your career in the blockchain space.īefore exploring the best cryptocurrency certification courses, let’s look at the top three cryptocurrencies other than Bitcoin. This is due to the decentralized nature of the blockchain that makes them entirely resistant to control and interference.Īs blockchain and virtual currencies continue to evolve, the demand for blockchain professionals proficient in the technology increases in parallel. The most significant feature of cryptocurrency is that any central authority cannot control them. The best part about cryptocurrencies is that their transfers can be done with low processing fees, allowing users to avoid the abrupt fees charged by traditional financial institutions. Cryptocurrencies (virtual currencies) can be sent directly between two users through private and public keys. Cryptocurrencies use the concept of blockchain technology to achieve decentralization, transparency, and immutability. Introduction to the Concept of CryptocurrencyĬryptocurrency is an online medium to conduct financial transactions that use cryptographical functions to perform money transfer.
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