Written by Vincent Grenier, CFO and Co-founder of EOS Nation Cryptocurrencies are revolutionary because they allow people to transact peer-to-peer without the need for a trusted centralized third party. Bitcoin was the first, but it is far from being the last. It unleashed blockchain technology, a mix of cryptography and timestamp database technology that has the potential to change how we secure and access data and its value in the future. Public blockchains supported by a robust consensus algorithm assure data immutability, transparency, traceability, and security.
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