Crypto Blockchain - Crypto The Wonderdog
Cryptocurrency - 101 What is Crypto, Bitcoin, Ethereum
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:32:51
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Synopsis
What is CRYPTOCURRENCY - Cryptocurrency 101 with Dean Kirkland We are constantly asked “What is a Cryptocurrency” Dean from Crypto the WonderDog responds! From Wikipedia, the free encyclopedia Jump to navigation Jump to search A cryptocurrency (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.[1][2][3] Cryptocurrencies are a kind of digital currency, virtual currency or alternative currency. Cryptocurrencies use decentralized control[4] as opposed to centralized electronic money and central banking systems.[5] The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[6][7] Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[8] Since the release of Bitcoin, ove