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What is blockchain and how to start with crypto trading?
Blockchain explained with crypto examples
Are you curious about blockchain and how to start with crypto trading? You’ve come to the right place! Blockchain technology has become increasingly popular over the past few years, and it has opened up a new world of possibilities for investors and entrepreneurs.
What is Blockchain?
To put it simply, blockchain is a distributed ledger technology that facilitates the secure storage and transfer of digital assets. It is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Each transaction is stored in a block and linked to the other blocks in the chain, creating an immutable ledger of records.
What is Crypto or Cryptocurrency?
Cryptocurrency is the most popular application of blockchain technology. It is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. In other words, it is a digital currency that is not controlled by any government or central bank.
