Anonymity and Transparency: While cryptocurrency transactions are pseudonymous, meaning they are not directly tied to real-world identities, the transaction history is publicly recorded on the blockchain. This provides transparency while still preserving the privacy of individual users.š«š¤
Security: Cryptocurrencies use cryptographic techniques to secure transactions and control the creation of new units. Public and private keys are used to authenticate transactions and provide secure access to cryptocurrency holdings.š¤š«
Blockchain Technology: Blockchain is a decentralized ledger that records all transactions made with a particular cryptocurrency. Each block in the chain contains a timestamp and a link to the previous block, creating a secure and immutable record of transactions. š¤
Before diving into crypto world we need to know what basically crypto is?
So, next 8 to 9 posts will be about this topic .
Cryptocurrency, often referred to simply as crypto, is a digital or virtual form of currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution.
Before diving into the complexities of the crypto world, it's crucial to acknowledge the prevalence of scammers seeking to exploit your aspirations. In this realm, reality often contradicts dreams, so it's essential to approach it with a grounded perspective. Avoid falling into the trap of wishful thinking and remain vigilant against deceptive schemes.š¤ Always think in multiple ways. stay save š«
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