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What Is Cryptocurrency - The Ultimate Guide to Crypto

Written By Ivan on Tech

Jul 12, 2020

One of the reasons blockchain technology has become such a well-known technology and keeps growing rapidly is the rise of cryptocurrencies. Bitcoin is often what pops up in people's minds when they hear the word cryptocurrency. This might not be strange since it was Bitcoin that was the spark for the whole cryptocurrency spectacle. But Bitcoin is just one of the currencies out there, and there is a lot more to this phenomenon. 

Few people around the world have never heard about cryptocurrencies. But what are cryptocurrencies, and how do they work? In this post, we will go through the basics and give you an idea of what cryptocurrencies are. 

How does crypto work? 

The mysterious "Satoshi Nakamoto" is the creator of Bitcoin, but this premier cryptocurrency is actually a byproduct of another invention. The invention that first was intended as a" Peer-to-peer cash system". This was a revolutionary invention that many people had tried to realize, but they had not been...

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