How Crypto Works
Cryptocurrency is a type of digital currency that uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Essentially, it is a decentralized system that allows users to make transactions without relying on intermediaries such as banks or other financial institutions. Here is a simplified overview of how crypto works:Cryptography: The transactions are secured using cryptography, which is the practice of using mathematical algorithms to prote...
How Crypto Works
Cryptocurrency is a type of digital currency that uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Essentially, it is a decentralized system that allows users to make transactions without relying on intermediaries such as banks or other financial institutions. Here is a simplified overview of how crypto works:Cryptography: The transactions are secured using cryptography, which is the practice of using mathematical algorithms to prote...
