What is Cryptocurrency ?
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates on a decentralized network (usually a blockchain) and enables secure, transparent, and peer-to-peer transactions..
What is Blockchain?
Blockchain is a distributed ledger technology that underlies most cryptocurrencies. It consists of a chain of blocks, each containing a list of transactions. The decentralized and tamper-resistant nature of blockchain enhances security.
How Does Mining Work ?
Mining is the process by which new cryptocurrency coins are created and transactions are added to the blockchain. It involves solving complex mathematical problems using computer hardware.
What are ICOs and STOs ?
Initial Coin Offerings (ICOs) and Security Token Offerings (STOs) are fundraising methods for new cryptocurrency projects. ICOs involve selling tokens, while STOs involve selling security tokens backed by real-world assets..
What is a Smart Contract ?
A smart contract is a self-executing contract with the terms of the agreement directly written into code. They automatically enforce and execute the terms when predefined conditions are met.
Are Cryptocurrencies Legal ?
The legality of cryptocurrencies varies by country. Some countries embrace them, while others have imposed restrictions or outright bans. It's essential to be aware of and comply with the regulations in your jurisdiction..
