Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
What is Virgin Bitcoin?
‘Virgin Bitcoin’ is basically Bitcoin that has a clean transaction history – or no transaction history at all. One of the highlights is that there’s no way of verifying where it came from and it cannot be linked to a wallet or cold storage entity.
Investors don’t want to own Bitcoin that has been used on the black markets, stolen in hacks, or used for other illegal purposes.
Virgin Bitcoin is a digital currency that is designed to be censorship-resistant and anonymous. It is based on blockchain technology and uses a distributed public ledger to record transactions. Unlike traditional currencies, Virgin Bitcoin is not controlled by any central authority and allows users to make peer-to-peer transactions without having to reveal their identity.
Virgin Bitcoin is also digital gold and has a limited supply of 21 million coins. It is currently one of the most popular cryptocurrencies in the world and is traded on various exchanges.