Cryptocurrency for Beginners: A learner’s guide
What is the meaning of cryptocurrency?
A cryptocurrency is a digital currency that uses cryptography as a security means. All cryptocurrencies operate through a distributed ledger to spread power among their community instead of a central authority like a bank or government. It has a fixed limit of tokens or allows the creation of new tokens based on predetermined rules, making it a defined monetary policy. Please treat this article as a guide for trading in cryptocurrency for beginners.
How does it work?
A blockchain is a distributed ledger that holds cryptocurrency transactions. A blockchain consists of blocks that have individual transaction data. This information is time stamped, then posted to the register so that individual transactions can be verified by different blockchain stak...