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Introduction to Crypto-Asset Classifications

Cryptographic assets are commonly referred to as cryptocurrencies. While anything with a value can be used as a currency, it will be useful to consider the various types of digital assets by the functions they serve. Many systems for classification have been made, and the crypto-taxonomy is still being defined. Why should we classify crypto-assets? If you’re...

Bitcoin. Blockchain, and Cryptocurrency

Bitcoin, Blockchain, and Cryptocurrency

Bitcoin is a decentralized digital currency and peer-to-peer payment system, invented by the pseudonymous Satoshi Nakamoto. Its records are popularly known as a blockchain, transactions are recorded in blocks, each block cryptographically linked to previous blocks, making a chain back to the very beginning. Bitcoin is the name of the currency, as well as the network...