A crypto currency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Crypto currencies use decentralised control as opposed to centralised digital currency and central banking systems.
The decentralised control of each crypto currency works through distributed ledger technology, typically a block-chain, that serves as a public financial transaction database.
BItcoin, first released as open-source software in 2009, is generally considered the first decentralised crypto currency. Since the release of bitcoin, over 5,000 altcoins (alternative variants of bitcoin, or other crypto currencies) have been created.Wikipedia
“There’s no rushing the Crypto”.
Trade Crypto Live offer a wealth of free information for anybody that is new to crypto currency, and want to know more about Blockchain, how it works and what impact it will have on our future
Crypto101 is a great place to start:
Learn all about:
Trade Crypto Live have put together a great Crypto Terms Library of phrases and terms used in the Cryptocurrency industry, Log in here to learn: