A PEEP INTO THE WORLD OF CRYPTOCURRENCIES

Cryptocurrency is simply a digital or virtual currency. It is the direct opposite of fiat currency or paper money.

Digital or cryptocurrencies are used for online transactions and payments. Bitcoin, Onecoin, Litecoin, are a just a few examples of cryptocurrencies while Pounds, Naira, Dollar, Euro are examples of fiat currencies or paper money.

Of them all, Bitcoins is the one with the highest value and indeed, the most acceptable on the global arena.

It all started in 2009 when a Japanese man called Satoshi Nakamoto incensed by perceived anomalies and exploitation, invented the pioneer cryptocurrency called Bitcoin. To get people to accept and use Bitcoin, the people had to invest in mining the digital currency.

So people were invited to invest in mining the coins. But Central Banks and Commercial Banks fearing that if bitcoin succeeds in creating alternative currency, could threaten their relevance and existence, sponsored disparaging writeups and reviews against Bitcoin and it's founder. Unscrupulous journalists and bloggers were willing tools that were used in disuading people from investing in Bitcoin, calling it scam, ponzi and pyramid schemes. This scared away a lot of would-be investors.

However, there were those who took the risk and invested in Bitcoin in 2009, at a starting price of 10 cents. By 2013, the price of bitcoin had moved from 10 cents per coin to $200 per coin, thereby creating phenomenal fortune for ALL the early miners. Nobody lost their investment, rather all become millionaires and multi millionaires depending on amount invested.
Even as we are on this seminar, the current value of one Bitcoin is currently
$760.80.

Bitcoins can be broken down into smaller units, the smallest being one hundred millionth of a Bitcoin – called a Satoshi, after the anonymous founder of Bitcoin.
Now assuming someone bought 10000bitcoin in 2009 at launch and decided to sell off the Bitcoin now at $760 per Bitcoin now, you will agree with me that the person will at this time be a megamillionaire.
Now on March 21st this year, another cryptocurrency, called TBC was launched

What is The Billion Coin?*

Like paper money and gold before it, the billion coin is a currency that allows parties to exchange value.

Unlike it predecessors, the billion coin is digital and decentralized.

For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.
 The reason behind its launch was to help reduce the level of imbalance between the rich and the poor.
 Now TBC unlike BTC runs on a smoother and more predictable platform, even though they have similarities
 Today the value of TBC is about $72+per coin.
 At launch, TBC was sold out at the rate of $0.001 per coin.
PLEASE NOTE... THEBILLIONCOIN IS NOT MLM
 ITS A LONG TERM INVESTMENT
THERE ARE NO STAGES OR REFERALL
:*IT IS SIMPLY INVESTING IN A GOLD COIN THAT APPRECIATES IN VALUE EVERYDAY BY 1PM (NIGERIAN TIME)*

 ITS LIKE BUYING A PLOT OF LAND AT N2,000 TODAY..... AND IN DECEMBER... IT IS WORTH 200,000
TheBillionCoin can be used as exchange for Bitcoin.... The highest currency in Cryptocurrency*

It can also to used as a medium of payment... In malls

Presently, 52 CommonWealth Countries have adopted CryptoCurrency

TBC  gives you 1% - 5% daily  profit on your investment

Sign up FREE today at www.thebillioncoin.info

And begin your way into financial freedom!
‬TBC IS AN INVESTMENT... JUST AS YOU WOULD
[08/11, 10:17 p.m.] Evans OC Martin: INVEST IN AND BUY GOLD, PLOTS OF LAND, OR HOUSES AND KEEP FOR FUTURE PURPOSES IS THE COIN YOU HAVE  A REAL COIN?
DOES IT HAVE A PUBLIC BLOCKCHAIN LEDGER? IF NOT, THINK TWICE! IT MUST BE SCAM!

WHAT IS BLOCKCHAIN? It is the Opensource Decentralized transactions database.
An "open source" crypto currency is Decentralized where a person is FREE to use the crypto coin thru Peer to Peer or wallet to waller  transfer of funds whether it is for the use of payments and purchases. A decentralized crypto coin is called open source when it has a "Blockchain public ledger" where transactions are being recorded for both incoming and outgoing of transactions and is also used to check the "confirmation" status of a transfer. A Blockchain explorer is a tool to track or trace a Block data of a transaction in every use of cryptocoin activities. In short, a coin that has a Blockchain ledger and is an open source "out of nobody's control or decentralized" are the legit ones to be called cryptocurrency coin.
 BLOCKCHAIN EXPLORER KEYPOINTS:

DISTRIBUTION -  (OPENSOURCE ACTIVITIES FOR INPUTS AND OUTPUT TRANSACTIONS) DECENTRALIZED

PUBLIC - (TRANSACTION RECORD PUBLICITY) TRACEABLE TRANSACTIONS

TIME STAMPED - DATE AND TIME RECORD OF A TRANSACTION

PERSISTENCE - PEOPLE'S  PARTICIPATION AND ACTIVITIES RECORDED  IN A BLOCKCHAIN

PROOF OF WORK - MINING AND DATA INTEGRITY OF A COIN.  WITH  THE COMBINATION OF HASHING AND MERKLE ROOTING WHICH THE BLOCKCHAIN USE  FOR ALGORITHMIC PROBLEM SOLVING  SOLUTIONS

HASH - ONE WAY FUNCTION IN BLOCKCHAIN AND DECENTRALIZE SYSTEM.

MERKLE ROOT/TREE - ESSENTIAL PART OF THE BLOCKCHAIN FOR DATA INTEGRITY.
IT COLLECTS HASH TRANSACTION DATA IN A BLOCK AND LOCATES EACH HASH FUNCTIONS CONNECTED TO EACH OTHER.

 Additional Blockchain key points:

Wallet Address Detail - identifier where to send coins to another person
QR Code box - used for scanning an address thru a Qr code Scanner
Height (ID Number of a Block)
Difficulty of a transaction
Size of a transaction
Transaction Summary (Number of Transactions, Total Output/Input,Time Stamp)
Confirmation status - provides number of confirmations
Transaction ID - used to view information about a coin transaction

NOW THAT YOU KNOW WHAT BLOCKCHAIN IS, YOU MAY CHECK OUT IF YOUR "CRYPTOCOIN STOCKS" IS A LEGIT COIN.PROOF OF TRANSPARENCY IS WHAT WE NEED IN ABLE TO USE THIS SERVICE AND ITS BENEFITS UNTIL THE NEXT GENERATIONS TO COME! I AM NOW INTRODUCING, BITCOIN'S NEW BABY.... THEBILLIONCOIN, a new and unique opensource coin!