Название: Cryptocurrency Guide for Newcomers: Your guide to the world of digital money
Автор: Gábor László Hajba
Издательство: Leanpub
Год: 2023-12-19
Страниц: 161
Язык: английский
Формат: pdf (true), epub
Размер: 10.3 MB
Ever wondered what the hype is about Bitcoin and cryptocurrencies but never understood the terms? This book is for you where I tell you everything you need to know in layman terms. This book is a gentle introduction to cryptocurrencies. I will give you a bit of history, talk about Bitcoin and alt-coins -- everything in a clear and understandable way as if you'd be one of my family members asking about crypto during Christmas dinner. Cryptocurrency, in its simplest form, is a digital or virtual form of currency that utilizes cryptography for secure and decentralized transactions. Unlike traditional fiat currencies issued by governments, cryptocurrencies operate independently of any central authority, such as a central bank. This decentralized nature is one of the fundamental characteristics that sets cryptocurrency apart. Since the introduction of Bitcoin, numerous other cryptocurrencies, often referred to as altcoins (alternative coins), have emerged. Some notable examples include Ethereum, Ripple, Litecoin, and Bitcoin Cash. Each cryptocurrency has its own unique features, use cases, and underlying technology.