Crypto Currencies

What Is Cryptocurrency?

A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

KEY TAKEAWAYS

  • A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.
  • Some experts believe blockchain and related technologies will disrupt many industries, including finance and law.
  • The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.
  • The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.

What to expect in this module;-

Blockchain and Web3

• Cryptography
• Smart Contract
• Decentralized Protocols
• governance
• Blockchain Mechanics
• Consensus mechanisms
• digital signature
• Address mechanics
• Flash loans
• Set Protocol’s tokenization method

  • Crypto and Use cases
  • and Forex trading
  • Cryptoassets and Decentralized Finance
  • Smart Contracts
  • Crypto Lending and Crowdfunding
  • Metavese and Nft