Bitcoin, blockchain and cryptocurrency were all hot topic trends a few years back. But technology waits for no one, and with all the hype around AI, you’d be forgiven for thinking it’s been forgotten. Not so.
Let’s take a look at what’s going on in the world of bitcoin, blockchain and cryptocurrency as we head into 2025!Bitcoin is the first and best-known cryptocurrency, a type of digital currency. Cryptocurrencies differ from earlier digital currencies in two key ways. First, they are decentralized, meaning the database that records balances and transactions is shared across hundreds of thousands of computers.
The most well-known altcoin and number-two cryptocurrency is Ethereum, which is blockchain-based like Bitcoin but includes additional functionality. This includes the ability for computer code to be executed on the blockchain, enabling. This would allow a blockchain to be programmed to automatically make a payment when pre-determined conditions are met, such as a piece of work being completed.
But will it go on to become the backbone of a new, fairer and more efficient financial infrastructure, as fans believe? Or will it always be a speculative bubble facilitating gambling, get-rich-quick schemes and scams?
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