The blockchain was originally developed as a way to track Bitcoin transactions, but it can be applied to any kind of transaction involving value.
Cryptocurrencies use encryption techniques to regulate the generation of units of currency and verify the transfer of funds without an intermediary, such as a bank or other financial institution.
Digital wallets are a type of software that allows users to store and manage their cryptocurrencies.
Software wallets usually offer more security than web-based wallets, because they don’t rely on third parties for hosting the wallet, and they don’t require you to share your private keys with them.
Blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.
The future of cryptocurrency is poised on the path to being its most beneficial form, but it is not without potential dangers.