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šŸ”µ What Is Cryptocurrency? Cryptocurrency Course (Part 1)

By Dennis#MD, 06/06/21
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What Is Cryptocurrency? Cryptocurrency Course (Part 1)

In this video Iā€™m going to focus on 3 main questions:

  1. What is cryptocurrency?
  2. Why was it created?
  3. How does de-fi work?

What is cryptocurrency then?

A cryptocurrency is in its simplest form: a digital form of currency More specifically, a cryptocurrency is a digital unit of exchange where the coin ownership records are stored in an online digital ledger which uses cryptography to secure the transaction records to control the creation of additional coins, and to verify the transfer of coin ownership

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