Whois & Analysis for exodus.io

Bitcoin is both a cryptocurrency and an electronic payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto.

Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.

The identity of Nakamoto remains unknown, though many have claimed to know it.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.

Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.

It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.

Ethereum also provides a value token called "ether", which can be transferred between participants and is used to compensate participant nodes for computations performed.

Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request.

Cryptography or cryptology (from Greek kryptós, "hidden, secret"; and graphein, "writing", or -logia, "study", respectively) is the practice and study of techniques for secure communication in the presence of third parties called adversaries.

More generally, cryptography is about constructing and analyzing protocols that prevent third parties or the public from reading private messages; various aspects in information security such as data confidentiality, data integrity, authentication, and non-repudiation are central to modern cryptography.

Modern cryptography exists at the intersection of the disciplines of mathematics, computer science, and electrical engineering.

Applications of cryptography include ATM cards, computer passwords, and electronic commerce.

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple.

Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency called XRP (ripples).

Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes.

At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.