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HOW TO Invest in Cryptocurrencies - ep.1

Andrea Magni en jueves, 29 de julio de 2021
  • What is a cryptocurrency?
    •  A digital currency in which the code is based on cryptography that controls the generation of units of currency and verification of transactions for transfer of funds 
    • Not backed by any gov or bank, money created by the masses, for the masses and controlled by the masses 

  • What is Blockchain?
    • The technology behind cryptocurrencies! Blockchain is a specific type of database: an irreversible and incorruptible ledger of transactions. It differs from a typical database in the way it stores information; blockchain store data in blocks that are then chained together. As new data comes in it is entered into a fresh block.

  • What is Bitcoin?
    • Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

  • What is an Altcoin? 
    • All cryptocurrencies other than Bitcoin (alternate coins)
Want to learn more about crypto?
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