Name the first cryptocurrency with computing power contribution? ripple gridcoin litecoin bitcoin
The answer is NOT Bitcoin
Answers
Answer:
The first decentralized cryptocurrency bitcoin, was created in 2009 by pseudonymous developer Satoshi Nakamoto. It used SHA-256, a cryptographic hash function, as its proof-of-work scheme.Bitcoin is the original cryptocurrency and it remains the go-to leader of the space. As of this writing, the market capitalization of the world's top digital currency is more than $125 billion, with a price per coin of more than $7,305. There are roughly 17.1 million BTC in circulation, according to coinmarketcap.com.
Explanation:
Bitcoin is the first cryptocurrency with computing power contribution. Hence the correct answer is D. It can be referred as the principal cryptographic currency. Bitcoin is a kind of primary advanced cash which is decentralized. One can refer it as an overall framework for installation. It functions without any national bank or a single overseer. Bitcoin is authored by Satoshi Nakamoto.