Blockchain and Cryptocurrencies
April 20, 2023 ⚊ 1 Min read ⚊ Views 106 ⚊ MONEY
Cryptocurrency is a relatively new term, which have emerged in 2008. Generally speaking – it is a digital currency. Main principles of nearly all the cryptocurrencies are:
decentralization of emission / control bodies;
application of various cryptography methods;
collective systematization.
Cryptocurrencies usually have no common emission and controlling bodies. No national banks or other governmental structures has any direct control over cryptocurrency emission and value. This explains why it’s value and general status are set solely by a theoretical consensus of all it’s holders.
Tags: blockchain, Cryptocurrencies
