What is Cryptocurrency | Simple Explanation
Welcome to this blockchain educational video by Blockgeeks. In this episode you will learn about what is a Cryptocurrency.
Cryptocurrencies are digital assets (coins and tokens) that are encrypted. Transferred person to person ‘P2P’ with no mediator such as a government or bank.
Cryptocurrencies can be programmed to follow sets of rules and can be used for many different purposes. Bitcoin for example follows a set of rules that mimics the mining of a precious metal such as gold. Ethereum is another blockchain which enables the functionality of smart contracts.
Guide to Understanding Blockchain and Cryptocurrencies
Crypto Session 1 | Blockchain and Crypto Terms You Should Know
Crypto Session 2 | Blockchain Technology Explained + Use Cases
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