What is cryptocurrency?
We must think of technology , security and cryptography
Does it elaborate it’s creation and result. ?
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Today I want to look into what a cryptocurrency is however before we even deep deeper just a minute welcome back on my shelf maintenance Daniel Lennard if you are a new member and we have been subscribed please do think of subscribing now let’s dig deep – local –
What is a cryptocurrency what are cryptocurrencies I have something small here for you cryptocurrencies I think it’s created by computers with help of an algorithm oh then it’s Leopard a crypto key crypto currencies and it’s created by computers with the help of an algorithm and then
It’s leopard a crypto coin so is it that every dig it’s created by computers with help of an algorithm is actually called the coin let’s look deeper okay the algorithms and computing power required for the creation of coins are very complex and they elaborate which means them the algorithm and the computing power
That helped create crypto coins should actually be complex and elaborate what does this mean hmm this is because mathematical algorithm techniques do not actually create coins mathematical encryption techniques you know just create coins simple degrees on your computer simpel digadz on laptop simpel digadz online do not just mean that does
Acquaints know they might have an algorithm they might be complex and actually they might be an ability let’s look onto something here mathematical encryption techniques must also protect the network from misuse and actually manipulation now the list a characteristic of what a protocol should be actually having it
Must be not be manipulated or actually not be misused so for you to prove that you have a cryptocurrency it means that your mathematical encryption techniques should actually be protecting the network against misuse and actually manipulation something here more more more important for you the entire process for which accent the entire
Process the entire complex the entire algorithms are actually being made is termed as cryptography now the most common cryptocurrencies that you should actually be knowing is Bitcoin and ethereum bitcoin being number one and Atheneum being number two that is a symptom of what if cryptocurrency is a cryptocurrency and just computed it’s
Created by the use of an algorithm with complex and elaboration they might be able to elaborate and with complex features against misuse and actually manipulation by people my name is Daniel Lennard please do subscribe and also watch my next videos bye for now I’m out