Introduction to Cryptocurrency & Bitcoin



https://FreeCryptoLearn.com

Instructors: Management Study Guide
1 section • 11 lectures • 33m total length
Video: MP4 1280x720 44 KHz | English + Sub
Updated 12/2021 | Size: 356 MB

Cryptocurrencies have become an integral part of the modern world today.

What you'll learn
Explain What is Cryptocurrency
Differentiate Conventional vs. Cryptocurrency
Explain the Classification of Cryptocurrencies
List the Benefits of Using Cryptocurrency
Requirements
No prior knowledge is required
Description
A ‘Cryptocurrency’ is a form of digital currency or cryptographic money is an advanced digital asset created to be intended to function as a medium of trade utilizing cryptography to secure the exchanges and to control the production of extra units of the currency. Bitcoin is the first of cryptocurrency with the biggest market cap to date with a USD 286bn which is almost 50% of total market capitalization. J coin is a flawless example of a Currency or Money Token. A token pegged authoritatively on the Japanese Yen that is as of now being produced. Ethereum is a decent example of Utility Tokens. Ethereum is a decentralized stage that runs brilliant contracts.

Storj is a great example for a Participation Token. It is a decentralized distributed storage stage that enables anybody to lease their idle hard drive space and to thus earn an income. End clients can utilize Storj to store their documents at reasonable costs and inside a p2p arrangement that is secure from server downtime, access restrictions, and hacks. ‘Cold Storage’ is the method or process of moving cryptographic money ‘offline’ or 'disconnected'. Cold Storage is used as a method for protecting your digital currency from hacking. A few techniques most generally utilized to do this are