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  What is Cryptocurrency and how does it work? Cryptocurrency – meaning and definition Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units. What is cryptocurrency? Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets. Cryptocurrency received its name because it uses  enc...
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KATHMANDU, JUL 09 -
Prime Minister Baburam Bhattarai has warned to scrap all the facilities being provided to ex-king Gyanendra Shah.
The prime minister said so at the time when Shah has been saying that there would be a comeback of monarchy in the country.
"The ex-king has not still learnt lesson, the state shall deprive him of all the facilities," Bhattarai said.
Ruling out the possibility of revival of monarchy, Bhattarai warned not to get benefit from the disputes seen among the political parties.
Speaking at a programme organised on the occasion of Global Bank’s merger with IME Financial Institution and Lord Buddha Finance, Bhattarai said the political parties have been moving ahead despite differences.
Saying that budget will be announced forging consensus with all the political parties, PM Bhattarai said positive news will come within few days.


Posted on: 2012-07-09 12:26 

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