💸 Introduction to Cryptocurrencies: How does it work?
There is a lot of hype in the sphere of cryptocurrencies, especially against the background of a wave of tapping games and other applications that promise rewards in crypto.
Today we will continue to talk simply about the difficult, and try to figure out cryptocurrencies.
💵 So, basically cryptocurrency is the same money, not paper or coins, but digital.
They exist only on the Internet.
However, this money does not just hang as information on the server, it has real values and opportunities.
Here's how it works:
🔵 Decentralization: Unlike conventional money, cryptocurrencies are not controlled by banks or national governments. They work on blockchain technology, which we talked about recently. This makes them independent and protected from interference.
🔵 Anonymity: when you use crypto, no one knows who you are, but everyone sees that the transaction (money transfer) has occurred.
🔵 Globalization: cryptocurrencies know no borders. You can send money to the other side of the world in a matter of minutes without any extra hassles or fees. All you need is the recipient's wallet ID.
➡️ Why is this important? Cryptocurrencies are not just money, they are a new option for financial freedom.
With the help of cryptocurrencies, you can not only quickly and safely transfer money, but also participate in cool projects and even earn money.
🔁 Today, cryptocurrency is a huge industry, an entire ecosystem with its own actors, investors, traders, startup founders and other participants.
⚡️ We at Evo project are working precisely to make this crypto world more accessible for you. And while our application with guides on blockchain and crypto is in development, we talk about the basics here in the channel.
➡️ We will continue to delve into this topic, hopefully together with you!
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🌟 Evo Project - Your partner in crypto!
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