Cryptocurrencies Demystified
Cryptocurrencies Demystified
At it's most basic, a blockchain is a digital ledger that is public; all transactions are recorded and can be verified, but not altered.
This transforms the way we are able to transact and exchange value online, allowing peer-to-peer transactions (P2P) without a centralized "middle-man". No central banks or credit companies required, though many of them are now adapting into the space.
Cryptocurrencies will play a pivotal role in the next technological revolution (along with AI, Robotics, and the Internet of Things) because they have numerous functions: they can be used store and exchange value; they function (like "Gas") to power & operate the networks; they provide governance to stakeholders (Voting Power).
*This site is for meant for educational purposes. Always remember to DYOR (do your own research) and consult your financial advisor before making any investment decisions.