What is Cryptocurrency❓

What is Cryptocurrency❓

In this article, we would like to present some tips about Cryptocurrency. Also known as cryptocurrencies, what this is and what to do with it. If you're ready, let's go see it.

🔹 Get to know Cryptocurrency

Cryptocurrency is what is known as crypto currency. Where cryptocurrencies or digital assets are designed to be a medium of exchange for assets. which has been used by lecturers in crypto For protection and confirmation of transactions In addition, encryption is also used to control the production of certain cryptocurrencies.

🔹 Get to know digital assets

Digital assets are anything that is stored in a digital system. which is either in the section of articles Images on various social media media It also includes all content and anything on google, all of which are digital assets.

🔹 How many types of cryptocurrencies are there?

which can be divided into 7 types

- a group of centralized exchanges

is what is a centralized cryptocurrency platform. which means using it as a middleman various departments or a company to assist in the transaction Both the buyer and the seller trust the middleman or the company to manage their assets.

- a group of currency

This group was created for use in the exchange or trading of currencies or instead of currencies. which will be different from the current money The crypto in this group is the coin called btc.

- group of smart contracts

is something that is a computer program that is automatically executed Its use is for blockchain to store contract terms. when you have an action that meets the conditions on the opposite side The program will have to operate in the work itself. which can help eliminate middlemen for you effectively

- group of defi

is a new form of financial transactions without having to have an intermediary such as a financial institution to support The coins in this group are those that do not have their own blockchain.

- group of oracel

Which in this group is to act as a bridge between internal data and external data on the blockchain network. In this respect, it is important to assist in connection with the external connection.

- a group of meme

It's a coin inspired by internet jokes. Which should be studied well if you want to invest in this coin

- group of games

is a game coin The coins in this game will allow you to buy things. That is important in the game. And can also be redeemed for prizes as well.

How are you? Hope this article will be useful for all readers. And see you again in the next article.

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