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Verge Currency Beginner’s Guide

This article was first published on vergecurrency - Medium ----- Thanks to Desolator, one of our core members, for writing this awesome beginner’s guide! Original: https://www.reddit.com/r/vergecurrency/comments/98lr73/verge_currency_beginners_guide/A short Background2008 was the worst financial crisis the world had experience since the great depression. The efforts of banks worldwide were not enough to prevent its occurrence. Shortly after, someone by the name of Satoshi Nakamoto offered an alternative solution. A digital currency that removes the need for a central bank. His proposal written in the Bitcoin white paper, is summarized below:A secure, decentralized network.A system with economic properties.No need for banks or rule makers.Instant

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