When it comes to the mass adoption of new technologies, there need to be feasible projects or use-cases that have the potential to change the world. In this context, let us discuss some of the real-world use-cases of blockchain and cryptocurrency.
Cryptocurrency mining is the process by which a category of blockchain users, also known as miners, verify transactions initiated on the network. They are also responsible for arranging these transactions in the form of interconnected blocks.
Comparing our data from 2020 to 2018, we have seen a rise in accounts opened by people in their 20s in the first half of 2020. Throughout our user bases in Europe, the US and Japan, people in their 20s make up the largest percentage of account holders, which was not the case in 2018.
We're pleased to announce that we are launching "Instant Buy". This new feature allows our users to buy cryptocurrencies using credit card, and other local instant transfer methods.
Introduced formally with Bitcoin’s release in 2008, blockchains are fairly new. Given its nascent state, the technology is constantly evolving. Innovations are driving this domain, with structural and functional changes happening almost every other day.