What is Cryptocurrency and why is it Important
GETTING STARTED
•
6m 25s
What is Cryptocurrency and why is it important? Cryptocurrency is a type of currency that's digital and decentralized. Cryptocurrencies can be used to buy and sell items, and their potential to store and grow value.
Up Next in GETTING STARTED
-
What is Bitcoin and why was it created?
What is Bitcoin? The bitcoin network is a peer-to-peer system with no single administrator or central bank that allows users to send money without intermediaries.
-
What is a Blockchain
A blockchain is a decentralized, distributed, and public, digital ledger consisting of records called blocks that is used to record transactions . Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
-
Security, how important is it?
Why Security is Important with cryptocurrencies covers how to handle the potential dangers of cryptocurrency, as well as how to make your settings secure. A centralized cryptocurrency service does not offer the same level of security as a bank. For example, crypto brokers are not as tightly regul...
