What is cryptocurrency?

 

Cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography.

Cryptography involves creating written or generated codes that allows information to be kept secret. Cryptography converts data into a format that is unreadable for an unauthorized user, allowing it to be transmitted without anyone decoding it back into a readable format, thus compromising the data.

Blockchain is how the validity of crypto currency is maintained.  Blockchain’s decentralized, open & cryptographic nature allow people to trust each other and transact peer to peer, making the need for intermediaries obsolete.

Crypto Currency Wallets

Why use cryptocurrency? - ideology, cost savings, anonymity, speed of transaction.

List of Crypto Currencies

Cryptographic Keys

 

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