What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What's happening in crypto and Web3?

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What makes up a crypto asset?

While the definition is fluid, there are several features that typically make up a crypto asset: Cryptography: This is where the term “crypto” comes from. A cryptocurrency (or crypto for short) utilizes cryptography, which are techniques for securing information or communications. Cryptocurrencies use what’s called public key cryptography.

What are the different types of crypto?

In the crypto space, many terms are used interchangeably, which of course, makes the conversation confusing for newcomers. But broadly, there are three categories of crypto: Crypto assets/digital assets: This is the catchall term for all of the unique assets that have sprung out of the blockchain revolution and use cryptography.