Crypto 101: A Beginner's Guide to the World of Cryptocurrency
Cryptocurrency has exploded in popularity in recent years, with everyone from tech-savvy millennials to Wall Street investors getting in on the action. But for those new to the world of crypto, it can be intimidating and confusing. That's where this beginner's guide comes in. What is cryptocurrency? Cryptocurrency is a digital or virtual currency that uses cryptography for secure financial transactions. It operates independently of a central bank and can be used to buy and sell goods and services, as well as to store value. One of the most well-known cryptocurrencies is Bitcoin, which was created in 2009. Since then, hundreds of other cryptocurrencies have been created, each with its own unique features and uses. How does cryptocurrency work? Cryptocurrency relies on a decentralized network of computers, known as a blockchain, to verify and record transactions. When a transaction is made, it is added to the blockchain, which is a public record of all transactions made using the