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Teaching today. what is cryptocurrency? it is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. what this basically means is that your current currency is issued by the central bank is like manage through a networks or banks therefore they are verifying it on every level, whereas a crypto cryptocurrency is not operated or managed by a central bank and it is highly encrypted so no one can just hack in and see the data if you want XYZ or if you not, so it is really safe. Bitcoin was the first cryptocurrency developed in 2009. since then many new cryptocurrencies are formed and are knows as Altcoin. Cryptocurrencies are based on De-Centralization, which means they are not like operated by one know entity or one know controller De-Centralization, they are available in so many networks of computers, therefore, is really hard to get data or to hack in to steal those funds What are centralized Currencies and Decentralized cryptocurrency in cen

Posted By Abinash G On 2018-12-19