The Crypto World for Beginners

What is blockchain?

Blockchain is a shared database. It is run by a lot of people. That’s why it is called ‘shared’.

What is cryptocurrency?

Let’s start with the word “cryptocurrency” itself. When everything is pretty clear with “currency” the prefix “crypto” may raise some questions. “Crypto” stands for “cryptography”. It has everything to do with the technology that keeps information hidden and safe. Anonymity and safety are two the most important features when talking about cryptocurrencies.

Coins and tokens — what’s the difference?

There are two types of сryptocurrencies: coins and tokens. Let’s see what is the difference.

Types of cryptocurrencies

  • Why are there so many cryptocurrencies?
  • What are the types of cryptocurrencies?



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