A cryptocurrency is a digital currency , based on some principles of decentralization and cryptography. Most cryptocurrencies are therefore devoid of a central control body and this greatly differentiates them from the traditional currencies that are always controlled by a central bank.
Transactions are validated through encryption: In this way it is practically impossible for there to be fraud, at least for individual transactions, ie for those who use cryptocurrencies to make payments. Top ICO List guides you in these matters.
Cryptocurrencies, according to many experts, represent the future of payments. Furthermore, the fact that a central bank does not exist prevents inflation. No one can issue a new currency at will, unless it is provided for by the cryptocurrency management algorithm.
The complexity of the Blockchain validation operations increases constantly : already today Bitcoin mining is a very complex operation and able to consume extremely high amounts of energy. For this reason, dedicated hardware cards are used and above all those who make mining localize their computers in countries where the cost of energy is really low, usually in Asia.
Earning Bitcoins with mining is therefore a practice reserved, now, only to specialized companies. But it is not the only way to make money with Bitcoin and other cryptocurrencies, indeed. From Top ICO List you will get all the supports and suggestions regarding all these.