Shaun David
Bio
Blockchain and Crypto Expert
Stories (2/0)
What is a cryptocurrency and its different types?
There are currently more than 1500 different types of cryptocurrencies. But what are they and how do you invest in them? Cryptocurrencies make a great investment opportunity, but with so many different types of coins available, it can be difficult to know where to begin. There are several main categories of cryptocurrency: first is the type of blockchain technology on which it’s built; the second is its utility as a digital token. There are various platforms through which you can track crypto wallet transactions such as Block Sonar, which is the best blockchain explorer and crypto wallet tracking platform. This article will explain the difference between these various types and help you decide which kind of cryptocurrency you want to invest in.
By Shaun David2 years ago in 01
What Is Blockchain Technology And How Does It Work?
Blockchain is technology; or rather, it is a technology for building decentralized digital ledgers, which allow for the sharing of information among many parties in a safe and unchangeable way. This technology can be defined as a shared ledger, which allows thousands of computers or connected servers to keep a single, secured, immutable ledger. A blockchain is basically a digital ledger of transactions, which is copied and distributed over a large network of blockchain-connected computer systems. A blockchain is more simply defined as a distributed, decentralized ledger technology that records the provenance of digital assets.
By Shaun David2 years ago in The Chain