A Brief History of CryptocurrencyThe cryptocurrency was thought to be yet another flicker of imagination in 2009 when Satoshi Nakamoto introduced bitcoin. In its momentous journey over a decade, it saw its ups and downs in terms of value, legal acceptance, endorsement, and patronage. Today, it has become almost inevitable that big players like Facebook and IBM have conceptualized their own crypto coins.With the first cryptocurrency, the bitcoin worth more than $50,000, we know that cryptocurrency is a big deal today. The growing acceptance of the decentralized ledger called the blockchain and its manifestations have prompted a lot of entrepreneurs and business people to create their own cryptocurrency.The world of \u2018cryptocurrency\u2019 is far from monotonous. There are different types of cryptocurrencies that have different manifestations and definitions. Based on what your business would need, you can launch your own type of cryptocurrency. Some of them might require an entirely new blockchain, and some of them can be floated on existing blockchains.- Security TokensThe security token, in simple definition, is a token or rather a crypto token that represents security. As you may have known, and by the definition of the SEC, a security token is something that can be traded and something that represents a tangible value. While it might inherently have its worth only within the blockchain, it can still be traded for any asset class that makes it valuable across multiple blockchains.- Utility TokensA utility token is the one issued in an initial coin offering. A utility token, as the name implies, entitles the owner to a utility that might not always translate into monetary benefits. The utility can include access to a product or access to certain premium features of a product or voting rights or entry to an event. A utility token does not require a\u2026<\/p>","protected":false},"excerpt":{"rendered":"
A Brief History of CryptocurrencyThe cryptocurrency was thought to be yet another flicker of imagination in 2009 when Satoshi Nakamoto introduced bitcoin. In its momentous journey [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/4110"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=4110"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/4110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=4110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=4110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=4110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}