Cryptocurrency Explained - Deepstash
The Psychology of Money

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The Psychology of Money

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Cryptocurrency Explained

Cryptocurrencies are a new, digital, and secure form of currencies. They have special encryption techniques that make them virtually impossible to be tracked or be stolen.

Cryptocurrencies use a revolutionary method of encrypted digital distribution known as 'blockchain'.

135

906 reads

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A Work in Progress

Cryptocurrencies are new and constantly improved due to their digital nature.

Blockchain, the revolutionary technology is now being applied to increasingly complicated work.

Example: Ethereum Blockchain work is a decentralized verification process for contracts.

94

379 reads

The Value of Cryptocurrency 

The Value of Cryptocurrency 

Digital currencies are tricky when it comes to their value.

Initially, they had value due to their being encrypted and secure, and now there is some fluctuation. 

Cryptocurrencies have an intrinsic value mainly because of the mass adoption of the currency and the buyers, who sp...

110

488 reads

Criticism of Cryptocurrencies

Cryptocurrencies have been in the news for the wrong reasons, leading to many attempts to demolish or regulate them.

The underlying technology of cryptocurrencies makes it undeniably powerful and disruptive, and this will increase as technology moves forward.

90

377 reads

Blockchains

  • Cryptocurrencies work in a decentralized form due to the technology engine called Blockchain.
  • Digital ledgers add on to all the transactions happening digitally, and they can be having tons of information stored, due to them being digital.
  • The problem of security is handled b...

104

372 reads

The Mining Process

The process of 'mining' is used to add new capital in the cryptocurrency database.

Mining is a verification process that works on the blockchain using a massive amount of computing power. The 'miners' who use such strong computing power 'earn' cryptocurrency for each verificati...

101

436 reads

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pai

Music geek. Coffeeaholic. Travel advocate. Social media maven. Certified tv guru.

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More like this

The Value of Cryptocurrency 

The Value of Cryptocurrency 

Digital currencies are tricky when it comes to their value.

Initially, they had value due to their being encrypted and secure, and now there is some fluctuation. 

Cryptocurrencies have an intrinsic value mainly because of the mass adoption of the currency and the buyers, who sp...

Blockchains

  • Cryptocurrencies work in a decentralized form due to the technology engine called Blockchain.
  • Digital ledgers add on to all the transactions happening digitally, and they can be having tons of information stored, due to them being digital.
  • The problem of security is handled b...

HOW DO YOU BUY CRYPTO ART?

  • The NFTs used to buy crypto art are built on blockchain technology
  • Blockchain technology is also used for cryptocurrencies like Bitcoin, Etherium, and yes, even DOGE coins. The blockchain offers a secure, digital record of transactions.
  • The...

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