The world is enthralled by it, and the world can’t seem to get enough of it. The phenomenon that is cryptocurrency continues to make waves around the world and reinventing the way we interact with each other in our business and personal lives. This industry which was once seen as a mere geek idea that was going nowhere has now exploded into the mainstream with the whole industry worth over hundreds billion as at the time of writing this. So what is all the fuss about? Consider this Cryptocurrency 101
Cryptocurrency transactions are conducted completely over a peer to peer network which means no third party is required whatsoever for person A to send an amount of money to person B. These transactions are conducted using dedicated software and hardware known as Wallets. These wallets act both as day to day purses from which the cryptocurrency holder receives and sends money, and also act as the bank in which the digital assets are stored for long-term purposes.
Below are some videos to provide you a better understanding of cryptocurrencies.