BEGINNERS GUIDE ABOUT CRYPTO CURRENCIES
WHAT ARE CRYPTOCURRENCIES? Crypto currencies are types of virtual or digital type of currencies, which are then converted from any traditional currency into Digital currency. There is bunch of technology behind the regulation of digital currency, but why do we care??, "Who cares about technology, there should be money in my wallet?". With cryptocurrencies you can get rid of banks and other centralized middlemen altogether. That's because cryptocurrencies rely on a technology called BLOCKCHAIN, which is decentralized (that means no single person is in charge of it). Instead, every computer in the network confirms that the transactions . Of course, in the old days, when you traded your chicken with shoes, the values of the exchanged materials were inherited to their nature. But when coin, cash, and credit cards came to play, the definition of money and, more importantly, the trust model of money changed. Another key change in money has been its ease of transaction. The has...