CRYPTOCURRENCIES: THE RISE OF A FUTURISTIC CURRENCY

VESELI, Bleran and IMERI, Florinda and IDRIZI, Florim and LUMA-OSMANI, Shkurte and RUSHITI, Agim (2022) CRYPTOCURRENCIES: THE RISE OF A FUTURISTIC CURRENCY. Journal of Natural Sciences and Mathematics of UT, 7 (13-14). pp. 36-43. ISSN 2671-3039

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Abstract

The 21st century represents the greatest revolution humans have had since its creation. The pillars on which the era of new technology will be built have been laid. Many innovations have been created, starting from smartphones, VR gadgets, and smart devices that find use at home, such as smart TVs or smart fridges, where all these innovations have replaced their predecessors, who possessed weaker technology and far weaker features than the latest technology has. Despite the fact that almost all aspects of human life are being fulfilled with new age technology, there is still an item which was initially said to have been used 5000 years BC and continues to have the same use to this day. That item is money. Despite the changes that have taken place over the centuries, the system of coins and money has not changed for any reason and at any moment, and the same continues to be used today. But that does not mean it will not change. The archenemy of money in terms of new technology, which has the potential to replace it, is known as cryptocurrency. In this paper, an elaboration on the blockchain was given, the database on which all cryptocurrencies are created. In terms of cryptocurrencies, the focus was mainly on bitcoin and Ethereum as the two most successful currencies. Also, a survey on Google Forms about cryptocurrencies was concluded, and the paper was closed with a conclusion about the survey and cryptocurrencies overall.

Item Type:	Article
Uncontrolled Keywords:	cryptocurrency, blockchain, bitcoin, Ethereum
Subjects:	T Technology > T Technology (General)
Divisions:	Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User:	Unnamed user with email zshi@unite.edu.mk
Date Deposited:	01 Nov 2022 12:14
Last Modified:	01 Nov 2022 12:14
URI:	http://eprints.unite.edu.mk/id/eprint/1120

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