๐งง๐๐งง๐ NJVBFSCY ๐งง๐S3ZZKQOM NJVBFSCY Why do all currencies move in sync with BTC? Other digital currencies are affected by the Bitcoin movement for several main reasons: 1. Market Dominance Bitcoin is the first digital asset and the largest in terms of market capitalization: Historically, Bitcoin was the first digital currency created, making it the main indicator of the market.
It seems like you canโt go anywhere on the internet these days without hearing about NFTs. Contrary to popular belief, NFTs arenโt just pictures of apes โ itโs an exciting new functionality which could change the internet. But unless you cut through the jargon, itโs hard to see their potential. ๐งง๐S3ZZKQOM
There are no bad questions about... blockchain basics
Welcome to No Bad Questions, a series that helps answer some basic questions about blockchain, crypto, and web3.
For the last several years, youโve probably heard quite a bit about the blockchainโฆ but itโs very easy to get lost. It can sound a lot like people are speaking another language!
Learn and earn what cryptocurrency mining is Cryptocurrency mining ensures the security and decentralization of digital currencies such as Bitcoin on which the Proof of Work (PoW) consensus mechanism is based. It is the process by which transactions between users are verified and added to the public records of the blockchain chain. Thus, mining is a key element that allows Bitcoin to be created without the need for a central authority