Crypto and NFTs

You’ve undoubtedly heard about the price of Bitcoin, that mysterious electronic money, and its roller-coaster ride over the past decade. 

From zero to tens of thousands of dollars, up and down, it’s tempting to fantasize what it would be like holding a few Bitcoin in your wallet or purse, and even more tempting to want to get it on the ride.

But what exactly is Bitcoin, and crypto? And what about these new NFTs? What exactly are all of these things? How do they work? What should you look out for? In this story, all of this and more will be revealed.

Blockchain is a new type of distributed ledger technology, or DLT for short. In basic terms, this means that instead of having one central server that stores all the data, the data is spread out across many different computers.

What is Blockchain Technology?

DeFi is short for decentralized finance. But first, it’s probably easier to think about what centralized finance is.

All about DeFi

Cryptocurrency is a digital or virtual currency that utilizes blockchain technology.

Cryptocurrency

The OG crypto, as many of you know, is Bitcoin. Then many others followed suit, such as Etherium, Litecoin, and Tezos.

Types of Cryptocurrencies

SWIPE UP NOW TO READ MORE