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BlueCoin

BlueCoin

About BlueCoin

Bluecoin describes itself as a mesh network-focused cryptocurrency and protocol that facilitates peer-to-peer exchange. Bluecoin reportedly uses an asynchronous consensus algorithm for high throughput transaction capabilities. Mesh networks reportedly offer privacy benefits and functionality where internet access is sparse. Bluecoin was originally founded as a Proof-of-Work Blockchain Protocol utilizing Bluetooth to facilitate peer-to-peer trade. Bluecoin aims to meld IoT and Mesh Networks with blockchain technology in a meaningful and readily available way.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.

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