The World of Cryptocurrencies - Short Video

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In the world of Cryptocurrency, a node is a computer that connects to a cryptocurrency network. The node supports the relevant cryptocurrency's network through either; relaying transactions, validation or hosting a copy of the blockchain. A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

  • 9 Comments

    Makar Kazak . 1 week ago

    Буду знать, спасибо

    Makar Jukov . 1 week ago

    good

    Venedikt Saybatalov . 1 week ago

    n1

    Makar Jukov . 1 week ago

    Спасибо

    Alla Javoronkova . 1 week ago

    класс

    Savva Trush . 1 week ago

    n1

    Varvara SHostenko . 1 week ago

    n1

    Maryamna Kruminsh . 1 week ago

    Класс

    Klara Nyuhalova . 1 week ago

    Мне очень понравилось!