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Cryptocurrency in India - A Rollercoaster Ride

Decrypting Cryptocurrency Introduction The term cryptocurrency also know as virtual currency or just crypto, started making its presence in the market during the late 90s, where a chinese software engineer, named Wei Dai published an anonymous, distributed electronic cash system called "B-Money" in the year 1998. Even during that time, the B-Money, extensively provided almost every feature, which the current dated digital currencies offer, but unfortunately it was never officially launched. Giving a furtherance to this, in the year 2009, the first decentralized crypto currency officially introduced in the market, which is widely know as Bitcoin, developed by a presumably pseudonymous developer named Satoshi Nakamoto. Since then around 4,000 + cryptocurrencies have been developed and traded around the globe some of which are Ethereum (ETH), Litecoin (LTC), Stellar (XLM), Ripple, Dogecoin etc. What is crypto ? The crypto or virtual currencies was introduced with the main object

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