Understanding the Basics of Bitcoin and Altcoins

Cryptocurrencies are digital currencies that are decentralized and secured by cryptography. They use blockchain technology, which keeps track of transactions using a public ledger in order to ensure that everything is legitimate. The value of cryptocurrencies has been rising steadily in recent years, as more people adopt this new medium of exchange. Cryptocurrencies are not controlled by any central authority, such as banks. Instead, they use blockchain technology to verify transactions and record them in a public ledger. https://www.cryptoconsultz.com/post/a-beginner-s-guide-to-understanding-the-basics-of-bitcoin-and-altcoins