An Introduction to Cryptocurrencies

An Introduction to Cryptocurrency

How do you describe money that you can’t touch?

Uh, your Visa card, Ruhani, duh

and are extremely interesting to learn about. Here is a compilation of some of the most important bits to remember:

  • Cryptocurrencies are decentralized digital currency
  • Blockchain is a decentralized and distributed public, digital ledger
  • Transactions are verified on the blockchain via miners
  • Security mechanisms like PoW and hash systems exist

If you enjoyed this article, be sure to give it a few 👏s and follow me on Medium! Feel free to connect with me on LinkedIn

An Introduction to Cryptocurrencies was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.