Understanding Cryptocurrency and Blockchain
Understanding cryptocurrency and blockchain are fundamental to understanding the new economy. A person or entity known as Satoshi published an online paper outlining its principles back in 2008. Cryptocurrency offers many advantages, such as being able to transfer money more cheaply without going through banks, using a database known as blockchain technology. What is a blockchain? Blockchains are databases that store information in blocks secured with cryptography, making it the perfect way to immutably record any type of data, from transactions and votes in elections, product inventories and state IDs,…
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