Cryptocurrency is also known as "Crypto" is a digital currency designed to work as a medium of exchange.It uses cryptography to secure and verify transaction,as well as to control the creations of new unit of a particular digital currency.
Many cryptocurrencies are built on blockchain technology..
What is a Blockchain in cryptocurrency?
Blockchain is a type of (DLT),where transaction are recorded using a hash,which is an immutable cryptographic signature..
DLT) Distributed ledger technology is a decentralized database that various network participant administer.
Popular cryptocurrencies such as Bitcoin and Ethereum are built on blockchain technology..
How does cryptocurrency work?
The major function of cryptocurrencies is without the backing of a central bank or government... Cryptocurrency does not exist as a stack of notes or coins, instead they live only on the internet..
Who has historical impacted on cryptocurrency?
A number of figures have impacted the cryptocurrency industry throughout it's time..
Satoshi Nakamoto kick-started the sector with the creation of Bitcoin(BTC) known for building Ethereum(ETH).
Vitalik Buterin has also notably impacted the cryptocurrency movement with Ethereum..
A whole world of extra tokens built on its network called ERC_20 tokens..Many others have also made their marks on the cryptocurrency..