Bitcoin Explained

What is Bitcoin?

Bitcoin is a digital currency created in January 2009 following the housing market crash. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.

The identity of the person or persons who created the technology is still a mystery.

Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.

Blockchain Explained

What is Blockchain?

Based on a peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else’s entries in near real-time.

That makes it difficult for one user to gain control of, or game, the network.

What is Blockchain?

Based on a peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else’s entries in near real-time.

That makes it difficult for one user to gain control of, or game, the network.

Cryptocurrency Explained

What is Cryptocurrency?

Cryptocurrencies let you buy goods and services,
or trade them for a profit.

Cryptocurrency (or “crypto”) is a digital currency that can
be used to buy goods and services, but uses
an online ledger with strong cryptography
to secure online transactions.

ICO Explained

What is an Initial coin offering?

An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO).

A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds.

What is an Initial coin offering?

An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO).

A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds.

IEO Explained

What is IEO?

An Initial exchange offering is a variant of initial coin offerings, operated directly by cryptocurrency exchanges.

CRYPTO EXCHANGE EXPLAINED

What is Crypto Exchange?

A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

What is Crypto Exchange?

A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

CRYPTO MINING EXPLAINED

What is Crypto Mining?

The term crypto mining means gaining cryptocurrencies by solving cryptographic equations through the use of computers. This process involves validating data blocks and adding transaction records to a public record (ledger) known as a blockchain.

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