Dimayuga Jennifer
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$BABA-SW(09988.HK$ well
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Dimayuga Jennifer
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Bitcoin, the world's first cryptocurrency, now has a market cap of around $1 trillion, which only took it 12 years. While tech stocks, including $Microsoft(MSFT.US$ , $Apple(AAPL.US$ , $Amazon(AMZN.US$ , and $Alphabet-A(GOOGL.US$ , took about 33 years to surpass a $1 trillion market cap on average.
Now, Bitcoin sits around $54,000, up from $8,800 one year ago. The market has 2 distinct views on the highly volatile cryptocurrency.
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Now, Bitcoin sits around $54,000, up from $8,800 one year ago. The market has 2 distinct views on the highly volatile cryptocurrency.
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Dimayuga Jennifer
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Columns What is blockchain?
To understand cryptocurrency, there is one concept that you couldn’t avoid ---blockchain
The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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