quantum cryptocurrency – Bitcoints

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Published on July 21st, 2015 | by bitcoin

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quantum cryptocurrency

Information about quantum cryptocurrency

Quantum

In physics, a quantum (plural: quanta) is the minimum amount of any physical entity involved in an interaction. Behind this, one finds the fundamental notion that a physical property may be “quantized,” referred to as “the hypothesis of quantization”. This means that the magnitude can take on only certain discrete values.
A photon is a single quantum of light, and is referred to as a “light quantum”. The energy of an electron bound to an atom is quantized, which results in the stability of atoms, and hence of matter in general.
As incorporated into the theory of quantum mechanics, this is regarded by physicists as part of the fundamental framework for understanding and describing nature at the smallest length-scales.

Cryptocurrency

A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as contraction of bitcoin alternative.
Cryptocurrencies typically feature decentralized control (as opposed to a centralized electronic money system, such as PayPal) and a public ledger (such as bitcoin’s block chain) which records transactions.

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