Crypto 101: Basic of Crypto and Blockchain
Introduction to Crypto and Blockchain: A Beginner’s Guide As we are moving towards understanding the whole structures and the mechanisms of blockchain technology, let us first understand the basic concept of it. Welcome to the world of cryptocurrency and blockchain, the real-life Grand Line of technology where it has not been fully explored and utilised, filled with uncertainties yet mesmerizing potentials of human discoveries. Whether you’re a seasoned investor or a curious newcomer, understanding the basics is crucial. This article post will walk you through the fundamental concepts and terms you need to know. To those whom already knows, well, it serves as a reminder if anyone wants to check. So what is Cryptocurrency? Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies, cryptocurrencies operate on decentralized networks based on blockchain technology. The most well-known cryptocurrency is Bitcoin, but there...