In order to understand how cryptocurrency works and more complicated matters like cryptocurrency mining, first you have to learn and understand a few key terminologies. This sets the base of your knowledge, it is the building block of your understanding, which you can later build on. Address This identifies senders and receivers of cryptocurrency. It […]
What everyone ought to know about blockchain: blockchain explained
The blockchain technology was created in 1991 by Stuart Haber and W. Scott Stornetta, however it was only first used by Satoshi Nakamoto in 2008, serving as a ledger of Bitcoin. Blockchain is a block of chains that contains information. As new data is added it creates a new block, which is validated by all […]
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