Gold-Based Cryptocurrency: What is it?

Gold-Based Cryptocurrency

The rise of cryptocurrency was so sudden and widespread that before the world could realize what was happening, it was knee-deep in it.

Cryptocurrency gained extreme popularity due to its new-found status as an investment option, away from exchange-rate risks which come with all the other investment options. With such risks involved in cryptocurrency, the upcoming gold-backed cryptocurrencies are attempting to stabilize it to some extent and provide some security to cryptocurrency owners.

How does Cryptocurrency Work?

Cryptocurrency is not present in a tangible form since it is a product of blockchain technology. This ...

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