What are the basics of cryptocurrency?

It’s easy to get tripped over the technicalities of cryptocurrency, so in this cryptocurrency for beginner's guide, we'll start with the cryptocurrency basics. Cryptocurrency is digital money. Because it’s purely digital, there are no physical coins or bills tied to it.

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.

Is cryptocurrency a Public Ledger?

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. Is cryptocurrency a type of money?

What are cryptocurrency basics & security hygiene?

Cryptocurrency basics and security hygiene revolve around keeping your private key secure. Remember, your private key is complete access to your cryptocurrency. If you wrote down your 64-character private key on a notecard and someone gained access to it, they’re basically able to send your cryptocurrency wherever they please.