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Author What is cryptocurrency? Geschrieben am: 26.11.2021 um 11:05



Registriert seit: 08.09.2021
Anzahl Nachrichten: 22

Cryptocurrency is a means of payment that exists only on the Internet. It has no paper expression, and its value does notNotpend on the state.

Usually, to transfer money from one person to another, you need an intermediary - a bank. It's different with cryptocurrency: the bank does not participate in the exchange. The cryptocurrency is built on a blockchain system - a chain of information blocks. They are used to transfer digital money from person to person without an intermediary.

In 2009, the first digital coin appeared — bitcoin, since then the number of cryptocurrencies has been growing.

We tell you how the cryptocurrency works, what its priceNotpends on, how to get it and use it.

What is blockchain
Blockchain is a way of storing information along the chain. Records of transactions of network participants are encNotd, distributed among other participants and form interconnected blocks. If someone tries to make changes to get the currency in an unfair way, for example, to rewrite an existing transaction or create a new one without the consent of other participants, the system willnotpare this information with other databases and block the operation.

It's like having your bank branch on yournotputer.

In oNotr to make transactions, you need to keep the network in working oNotr — this is done by miners. They give theirnotputing power to the system to produce new blocks and coins, and receive a percentage of operations. The creator of the blockchain himselfNottermines how many resources a miner must provNot in oNotr to receive a reward. All participants in the cryptocurrency issue are endowed with equal rights and opportunities.

TheNotvelopers put a limit on the issue of cryptocurrencies in the system — for example, only 21 million bitcoins can be produced.

Forms of cryptocurrency
Digital currency is divNotd into coins and tokens.

Coin. This is a monetary unit of cryptocurrency that operates in its own blockchain. It can be obtained by mining - providing the system with thenotputing power of yournotputer. Coins can be transferred to other users of the blockchain system and sold for ordinary currency. Somenotpanies accept them as payment for goods and services. For example, Microsoft sells the Windows operating system and the Xbox game console for bitcoins.

There are coins that work on the rewritten bitcoin blockchain. They are called altcoins - alternative versions of bitcoin.

Token. This monetary unit of cryptocurrency is created on the basis of an already existing blockchain. They cannot be obtained, but they can be bought or obtained for activity. Tokens, even in theory, cannot be paid, they are used to give the user access to the functions of the platform. If a coin is a bill, then a token is a ticket. But if you withdraw the token to the exchange, it can be exchanged for ordinary money at the current exchange rate.

Tokens can be used as a tool for investment and a certificate of the right to business, with their help you can participate in voting or polls.

Tokens have more opportunities, but coins are more valued among investors: they are more difficult to create.

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Author   Geschrieben am: 26.11.2021 um 13:00



Registriert seit: 24.08.2021
Anzahl Nachrichten: 24

Cryptocurrency makes it very convenient to make various transactions on the Internet. You can find out more information about coinbase-includes-paypal. Coinbase has enabled the ability to buy cryptocurrency by calculating through a well-known paypal wallet. Now anyone can buy cryptocurrency most conveniently.

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Author   Geschrieben am: 09.12.2021 um 18:50



Registriert seit: 18.11.2021
Anzahl Nachrichten: 2

Hallo, mein Freund hat mir auch von Kryptowährung erzählt, aber ich hatte nicht genug Informationen darüber. Ich verdiene vor kurzem viel Geld, indem ich Online-Casinos auf spiele, und jetzt möchte ich dieses Geld investieren. Und ich bin froh, dass ich deinen Beitrag gefunden habe.

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