Basic things to know as a crypto beginner

What are the basic things to know about crypto

  • What is crypto currency
  • How Long has crypto been in existence?
  • Future of Crypto currency?
  • How crypto currencies are generated.

What is crypto currency?

Basic things to know as a crypto beginner
Crypto currency is a decentralized system of currency where by instead of a single entity to be in charge of the production, circulation and regulation of the currency just like the central banks in most country, the coins are been generated by computer codes while the value is determine by the public. In crypto, the production, regulation and value of the coin is determined by the public.

How Long has crypto been in existence?

The origin of crypto could be traced to the production Bitcoin in 2009. Though BTC suffered alot of critics due to human resistance to change and inovations, but since then, the market has witness tremendous success, the demand for crypto increase on daily bases. It’s also important to note that the market value of all crypto currencies has been varying depending on demand and supply.

Future of Crypto currency?

The question what is the future of crypto coin has been one of the hottest question in the internet.

Just they say”
When a new technology emerge, either you are among the roller or you will be the path through which it will flow through.

Crypto is a modern technology of less than two decades of age. Since the Origination of crypto, though it has suffered public criticism, but irrespective of the criticisms the market value has always been on the increase after all checks and balances.

Though market price do fluctuate depending on the demand and supply curve.
It’s important to note that the increment and decrement in the price of each coin is determined by the demand and supply at each point in time. This simply means that if the demand is leading, the price tends to increase and vice versa.

How crypto currencies are generated.

In this article. We will be discussing on how most crypto are generated using blockchain.

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