What Is Cryptocurrency?
Cryptocurrencies are computer-generated tokens that use cryptography for keeping transfers and monitoring the update of the new currency units safe. Cryptocurrencies are decentralized, not subject to government or financial institution control. Bitcoin was first released in 2009 and has become the largest and most well-known Cryptocurrency.
In this blog post, you will find out what is a cryptocurrency and how does it work? Additionally, you will understand the benefits of using cryptocurrencies, as well as some of the risks associated with them. Finally, you will get an overview of some of the most popular cryptocurrencies today.
How Do Cryptocurrencies Work?
Cryptocurrencies work by using a public ledger called a blockchain. The blockchain is a record of all transactions that have ever taken place involving a particular cryptocurrency unit. This record is maintained by participants in the network who run special software programs called “miners.”
Miners work...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...