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
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