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Identity of Satoshi Nakamoto

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The identity of Satoshi Nakamoto   is   still unknown   10 years after   creating the world most popular   crypto currency called bitcoin .Bitcoin built on blockchain technology   database   which has solve the double pending problem for digital currency .This has changed the world of digital currency to what is it today   . Bitcoin was launched in 2009.Nothing is known about Satoshi Nakamoto except that after creating bitcoin he had 1 million bitcoins in his wallet which has not been spent.The amount   was transferred after the creation of bitcoin amounting to over $1 billion dollars worth of bitcoin which   is laying fallow in his wallet today. Satoshi Nakamoto could be: - 1. An individual: Some people think of Satoshi as an individual who created bitcoin. It is claimed that Satoshi Nakamoto was born on the 5 th April 1975 and that he is a man of Japanese nationality. He is seen as a genius for him to come out with such a great work. Some claim that he

Understanding Virtual Currency, Crypto Currency and Digital Currency for beginners 101.

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Virtual, digital and crypto currencies are currencies of the internet. Some people term them as one and the same while others tend to use them interchangeably. They are slightly different but linked in many ways. Virtual Currency Virtual currencies are fiction currency that is not physical like the fiat currency which is our bank notes and coins .They cannot be seen or felt .Virtual money are electronic money used in a virtual world and accepted by the members of the virtual community. These currencies are mostly used in games which are issued and controlled by its developer  .Virtual currency is unregulated by government or central bank but it is accepted as a means of payment, can be transferred stored or traded electronically.  We have two types of virtual currencies, the fiction and the convertible virtual currencies. Fiction virtual currencies cannot be used to purchase goods or services but used in games examples  farmV ille coin , world of warcraft and dollar