Crypto basics in simple words
Cryptocurrency, or "crypto" for short, is a digital form of currency that uses advanced encryption techniques to secure financial transactions and control the creation of new units. Unlike traditional government-issued currency, crypto is decentralized, meaning it is not controlled by any single entity or institution. Instead, it relies on a distributed network of computers to verify transactions and maintain a public ledger of all transactions, known as a blockchain. The first and most well-...
Crypto basics in simple words
Cryptocurrency, or "crypto" for short, is a digital form of currency that uses advanced encryption techniques to secure financial transactions and control the creation of new units. Unlike traditional government-issued currency, crypto is decentralized, meaning it is not controlled by any single entity or institution. Instead, it relies on a distributed network of computers to verify transactions and maintain a public ledger of all transactions, known as a blockchain. The first and most well-...
