How Bitcoin becomes ten, what European cryptocurrencies should you be aware of?

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There are currently over 100 billion dollars of Bitcoins circulating globally

Next week marks the tenth anniversary of Satoshi Nakamoto publishing the inaugural bitcoin whitepaper. With the transactions it is worth $ 2 billion now made every single day in the cryptocurrency of Nakamoto Bitcoin: a peer-to-peer electronic payment system it can be seen to have completely revolutionized the global financial system.

Nakamoto whose identity has never been revealed has published its white paper with the intention of creating a decentralized digital currency that does not depend on a central bank or a single administrator and that could be sent from user to user on a peer-to-peer network without the need of an intermediary.

Initially, bitcoin was used in online online markets such as Silk Road but its use soon spread, with programmer Laszlo Hanyecz completing the first commercial transaction with bitcoins in 2010, when he bought two pizzas of Pope John with 10,000 bitcoins. Now it is accepted by a number of major companies from Microsoft technology giants& Nbsp; to Overstock home dealer.

In Canada,

KFC
even launched a "Bitcoin Bucket", where hungry consumers could buy $ 20 worth of waffle chicken and chips in bitcoins. The agreement became so popular that the KFCs were sold entirely with their "Bitcoin buckets".

The cryptocurrency was also supported by some of the most successful businessmen and women in the world.

"[Bitcoin] It's a remarkable cryptographic result … The ability to create something that is not duplicable in the digital world has tremendous value … Many people will build businesses in addition, "said Eric Schmidt, Executive Chairman of

Google
.

His words were taken by the co-founder of

Microsoft
Bill Gates, who claimed that bitcoin is "a technological tour de force".

C & # 39; is ₿16.858.762 of the cryptocurrency currently in circulation, it is worth an incredible $ 108,654,552,502 – more than the entire nominal GDP of Israel, Switzerland and Saudi Arabia. Until In 2017, 5.8 million people also used a cryptocurrency portfolio, according to a research from the University of Cambridge, with most of the Bitcoin trading.

The United States has long been viewed as a cryptocurrency hub with some of the most successful digital currencies that originate there, such as ethereum,

Ripple
, Dash and ZCash.

However, Europe is rapidly catching up; ICO fundraising in Europe reached $ 4.1 billion so far this year, compared to $ 2.6 billion in the United States and $ 2.3 billion in Asia.

Governments in Europe have increasingly introduced the "do no harm" regulation, as in Gibraltar and Malta, which attracted investors and entrepreneurs, while many states have granted tax exemptions on capital gains from the sale of cryptocurrencies, as in Germany or Switzerland. The continent also has an almost total coverage of the Internet and ownership of bank accounts, which means that its population also has the necessary conditions to support fintech innovation and encourage cooperation, with popular crypto groups across Europe, such as P2P Ghent in Belgium, Bitcoin Bucharest in Romania e Coinscrum In the united kingdom.

So, how bitcoin celebrates a decade of success what are the emerging European cryptocurrencies that investors and entrepreneurs should be aware of?

Miota

Founded by Norwegian David S & oslash; nsteb & oslash; and the Italian entrepreneur-blockchain Dominik Schiener, MIOTA is a unique cryptocurrency designed for the Internet of Things. Rather than relying on a blockchain infrastructure to maintain its ledger, MIOTA transfers use a Direct Acyclic Graph (DAG), known as the "Tangle".

The advantage of using a "tangle" is that it requires the sender in the transaction to make and validate any payment, eliminating the miners and thus producing an entirely decentralized system. This approach allows users to make transactions for free, making it ideal for SMEs or for those who do not know the cryptocurrency industry.

Its creators believe that MIOTA can be used to revolutionize the microtranstraction industry by offering feeless transactions but at the same time increasing security by removing third-party gatekeepers.

The MIOTA is firmly one to watch while its network speed increases with the increase in the number of people using its platform. Therefore, as cryptocurrency grows in popularity, it is bound to become increasingly attractive to users.

At the moment it is possible to buy an MIOTA token for $ 0.49104.

Token LSK

For those working in the fintech industry, seeing the LSK token on this list should not be surprising. Lisk the company based in Switzerland that launched the token It caused a sensation after launching one of the most successful crowdfunding projects in history, collecting over 14,000 bitcoins of capital during the Initial Coin Offering.

Thanks to the positive media attention generated by his crowdfunding e strategic partnerships with important industry players such as Microsoft, the LSK token has skyrocketed in value. At the end of 2017, a token was worth $ 17, but it is expected to exceed $ 100 by the start of 2018.

The parent company Lisk has launched a network of decentralized applications with blockchains not too dissimilar to ethereum, using smart contracts based on LSK token and JavaScript support.

The company has launched a new mobile-friendly app in February this year, which has been praised for its easy-to-use nature, while its network is expected to increase further and the value of the LSK token will increase, while continues to work with blue-chip companies like Microsoft.

Aeternity

Aeternity, a company based in Liechtenstein, has been publicized as a successor to the blocker of the giant Ethereum, with the goal of avoiding the scalability problems that hit its rival. The similarities between the two are inevitable with the Bulgarian co-founder Yanislav Malahov closely involved in the launch of Ethereum thus bringing a wealth of experience similar to Aeternity.

Aeternity aims to allow consumers to trade in cryptocurrency, but on a faster network than the one currently tested with Ethereum and with lower rates. The company also hopes that its network will promote user-friendly innovation by not only allowing consumers to create decentralized applications on the network, but also by allowing other tokens to increase ICOs on their platform.

The company held its ICO in May of this year, raising about 70 million dollars that went to develop its own unique blockchain network. Miners using the platform vote to make decisions about how to adapt or develop Aeternity in response to market trends, making it an undemocratic offer.

It is currently possible to purchase an Aeternity token for $ 1.32, which marks a significant increase since October 2017 when it was valued at $ 0.28.

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There are currently over 100 billion dollars of Bitcoins circulating globally

Next week marks the tenth anniversary of Satoshi Nakamoto publishing the inaugural bitcoin whitepaper. With transactions worth $ 2 billion now performed every single day in the cryptocurrency, that of Nakamoto Bitcoin: a peer-to-peer electronic payment system it can be seen to have completely revolutionized the global financial system.

Nakamoto whose identity has never been revealed has published its white paper with the intention of creating a decentralized digital currency that does not depend on a central bank or a single administrator and that could be sent from user to user on a peer-to-peer network without the need of an intermediary.

Initially, bitcoin was used in online online markets such as Silk Road, but its use soon spread, with programmer Laszlo Hanyecz completing the first commercial transaction with bitcoins in 2010, when he bought two Papa John pizzas with 10,000 bitcoins. It is now accepted by a number of big companies from Microsoft technology giants to the home dealer Overstock.

In Canada,
KFC
even launched a "Bitcoin Bucket", where hungry consumers could buy $ 20 offers of bitcoin waffles and chicken chips. The agreement became so popular that the KFCs were sold entirely with their "Bitcoin buckets".

The cryptocurrency was also supported by some of the most successful businessmen and women in the world.

"[Bitcoin] It's a remarkable cryptographic result … The ability to create something that is not duplicable in the digital world has tremendous value … Many people will build businesses in addition, "said Eric Schmidt, Executive Chairman of
Google
.

His words were taken by the co-founder of
Microsoft
Bill Gates, who claimed that bitcoin is "a technological tour de force".

There are, 816.858.762 of the cryptocurrency currently in circulation, for an incredible value of $ 108,654,552.502 – more than the entire nominal GDP of Israel, Switzerland and Saudi Arabia. Up to 5.8 million people also used a cryptocurrency portfolio in 2017, according to a research from the University of Cambridge, with the majority trade in Bitcoin.

The United States has long been viewed as a cryptocurrency hub with some of the most successful digital currencies that originate there, such as ethereum,
Ripple
, Dash and ZCash.

However, Europe is rapidly catching up; Funding for ICO in Europe has reached $ 4.1 billion so far this year, compared to $ 2.6 billion in the United States and $ 2.3 billion in Asia.

Governments in Europe have increasingly introduced the "do no harm" regulation, as in Gibraltar and Malta, which attracted investors and entrepreneurs, while many states have granted tax exemptions on capital gains from the sale of cryptocurrencies, as in Germany or Switzerland. The continent also has an almost total coverage of the Internet and banking properties, which means that its population also has the necessary conditions to support fintech innovation and encourage cooperation, with popular crypto groups across Europe as P2P Ghent in Belgium, Bitcoin Bucharest in Romania and Coinscrum in the United Kingdom.

So, how bitcoin celebrates a decade of success what are the emerging European cryptocurrencies that investors and entrepreneurs should be aware of?

Miota

Founded by the Norwegian David Sønstebø and the Italian entrepreneur-blockchain Dominik Schiener, MIOTA is a unique cryptocurrency designed for the Internet of Things. Rather than relying on a blockchain infrastructure to maintain its ledger, MIOTA transfers use a Direct Acyclic Graph (DAG), known as the "Tangle".

The advantage of using a "tangle" is that it requires the sender in the transaction to make and validate any payment, eliminating the miners and thus producing an entirely decentralized system. This approach allows users to make transactions for free, making it ideal for SMEs or for those who do not know the cryptocurrency industry.

Its creators believe that MIOTA can be used to revolutionize the microtranstraction industry by offering feeless transactions but at the same time increasing security by removing third-party gatekeepers.

The MIOTA is firmly one to watch while its network speed increases with the increase in the number of people using its platform. Therefore, as cryptocurrency grows in popularity, it is bound to become increasingly attractive to users.

At the moment it is possible to buy an MIOTA token for $ 0.49104.

Token LSK

For those working in the fintech industry, seeing the LSK token on this list should not be surprising. Lisk the company based in Switzerland that launched the token It caused a sensation after launching one of the most successful crowdfunding projects in history, collecting over 14,000 bitcoins of capital during the Initial Coin Offering.

Thanks to the positive media attention generated by crowdfunding and strategic partnerships with the main players in the sector, such as Microsoft, the LSK token has skyrocketed in value. At the end of 2017, a token was worth $ 17, but it is expected to exceed $ 100 by the start of 2018.

The parent company Lisk has launched a network of decentralized applications with blockchains not too dissimilar to ethereum, using smart contracts based on LSK token and JavaScript support.

The company has launched a new mobile-friendly app in February this year, which has been praised for its easy-to-use nature, while its network is expected to increase further and the value of the LSK token will increase, while continues to work with blue-chip companies like Microsoft.

Aeternity

Aeternity, a company based in Liechtenstein, has been publicized as a successor to the blocker of the giant Ethereum, with the goal of avoiding the scalability problems that hit its rival. The similarities between the two are inevitable with the Bulgarian co-founder Yanislav Malahov, closely involved in the launch of ethereum and thus bringing a wealth of similar experience to Aeternity.

Aeternity aims to allow consumers to trade in cryptocurrency, but on a faster network than the one currently tested with Ethereum and with lower rates. The company also hopes that its network will promote user-friendly innovation by not only allowing consumers to create decentralized applications on the network, but also by allowing other tokens to increase ICOs on their platform.

The company held its ICO in May of this year, raising about 70 million dollars that went to develop its own unique blockchain network. Miners using the platform vote to make decisions about how to adapt or develop Aeternity in response to market trends, making it an undemocratic offer.

It is currently possible to purchase an Aeternity token for $ 1.32, which marks a significant increase since October 2017 when it was valued at $ 0.28.

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