Precious metal, exchange of goods have served as currency in the past, as human race advances and their knowledge of market, financial innovations surfaces. This time its about the Cryptographic currencies. You might have heard about Block Chain, Bitcoin, Titcoin, Primecoin etc.. all of them are digital way of exchanging values. These frameworks outlines how participants can exchange values securely. Security of transaction is very important as system without faith will not even last for seconds. It has to be time tested and robust. BTW Why we call it Cryptocurrencies ? digital because we do not need it in physical form, Cryptocurrencies because this whole thing is bullet proofed by Cryptographic system. Which supports encryption/decryption, public/private keys, transformation, block and stream ciphers almost everything that can make even a Geek to Freak. Is it Legal ? The whole idea is to make the value exchange system decentralized. Crptocurrencies are not regulated by Ce
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