Crypto
Work Shop sections
BitCoins
Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions.
Mining
Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions. It involves vast, decentralized networks of computers around the world that verify and secure blockchains – the virtual ledgers that document cryptocurrency transactions.
Hashing
Hashing is the process of transforming any given key or a string of characters into another value. This is usually represented by a shorter, fixed-length value or key that represents and makes it easier to find or employ the original string. The most popular use for hashing is the implementation of hash tables.
Blockchain
Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain
Digital Wallets
A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. purchases.
Digital Signature
A digital signature is a specific type of electronic signature (e-signature) that relies on public-key cryptography to support identity authentication and provide data and transaction integrity
Crypto Exchanges
What is a crypto exchange?
A crypto exchange is a marketplace where you can buy and sell cryptocurrencies , and how it works
Ethereum
Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority.
NFT's
non-fungible token
NFT stands for 'non-fungible token'. Non-fungible means that something is unique and can't be replaced. By contrast, physical money and cryptocurrencies are fungible, which means they can be traded or exchanged for one another. Every NFT contains a digital signature which makes each one unique.