Cryptocurrency Fundamentals

Essentials You Need to Know Before Investing

De: Babatunde Adekojo

Narrado por: Andrew B.

Imagine the future of buying a car. Cars are expensive. Even the cheapest new luxury car can cost tens of thousands. It’s no surprise, then, that buyers are looking for cheaper ways to get behind the wheel.

Enter cryptocurrency, which the bling boys of the city have been calling the “bitcoin of everything”.

There are a million ways to invest in cryptocurrency, but this article is focused on buying bitcoin and Ethereum.

There’s also bitcoin cash, and litecoin, but I’m going to stick with the two biggies today because they’re what everybody wants to know about.

I’m also going to include a quick explanation of blockchain, which is the underlying technology used to run cryptocurrencies like bitcoin. Blockchain is simply the digital ledger of transactions that makes all this happen.

Not all cryptocurrencies are created equal, and the way they work is a little complicated, but for the sake of simplicity I’ll stick with the two coins mentioned above in this book.

You will also learn about:

• Blockchain Technology
• Cryptocurrency Basics
• Bitcoin and Altcoins
• Some of the Most Popular Cryptocurrencies
• Cryptocurrencies and Blockchain Digital Currencies
• How Cryptocurrencies and Blockchain are Related
• Cryptocurrency and Blockchain Technology Use
• Crypto Wallets: Hardware and Software Versions
• Crypto Wallets
• Cryptography
• Hashing
• How Blocks are Linked Together
• Critical Characteristics of Blockchain Technology

©2022 Babatunde Adekojo (P)2022 Babatunde Adekojo