anhlai F4F
@anhlai
Crypto Explained: What is Cryptocurrency? How does it work? Cryptocurrency, or Crypto, in short, is a series of binary data issued by the blockchain, working as a medium of exchange and rewards for miners, blockchain validators, investors, etc. Cryptocurrency means cryptography and currency. Cryptography: The blockchain uses sophisticated cryptography to verify, control and secure every crypto transaction. Currency: In simple terms, it is a medium of exchange for goods and services.
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Carrol James
@carrollaktwigs
Great explanation! Cryptocurrency is such a fascinating topic, especially with how it combines technology and finance. The role of cryptography in ensuring security is crucial. Can't wait to learn more about its impact on the economy!
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