CRYPTO-CURRENCIES - EDEN IAS CURRENT AFFAIRS FOR UPSC INTRODUCTION A Cryptocurrency is a digital or virtual currency that uses cryptography for security. A Cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a Cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. The first Cryptocurrency to capture the public imagination was Bitcoin, which was launched in 2009 by an individual or group known under the pseudonym Satoshi Nakamoto. As of May 2018, there were over 17 million Bitcoins in circulation with a total market value of over $140 billion. Bitcoin’s success has spawned a number of competing cryptocurrencies, such as Litecoin, Namecoin and PPCoin. FOR FULL ARTICLE CLICK ON THE LINK https://www.edenias.com/crypto-currencies-current-affairs-by-eden-ias/