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Bitcoin (or BTC) was launched in 2009 and is regarded as the first cryptocurrency. It’s a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments to make financial transactions. We hope this writeup will provide a brief introduction to cryptocurrencies (or crypto) and its functions. Fiat money (government-issued…
What is a Blockchain? A blockchain is a distributed database, meaning that the storage devices for the database are not all connected to a common processor. It maintains a growing list of transaction records, called blocks. Each block has a timestamp and a link to a previous block. The concept was introduced in 2008 by…
