Fordummies

What is decentralization and why is it important in the world of cryptocurrencies? Imagine that one day you and your friends want to exchange rare trading cards, but instead of doing it directly between you, you always have to go through an adult who checks, takes a percentage and decides whether the exchange is valid or not. This adult is a bank or a centralized system. Now, think instead of a system where you don't need an adult to check the exchanges. All your friends have an indestructible notebook where they write down each exchange, and everyone can see that the rules are respected. No one can cheat or change what is written. This notebook is the blockchain and the system that supports it is called decentralization. Why is it important in the world of cryptocurrencies? No boss, more security, more freedom. In practice, decentralization is like a large group of people who trust only the mathematical rules, and not a single boss. This is why cryptocurrencies like Bitcoin exist: they allow anyone to exchange value without having to go through a bank or a company that controls everything. #Fordummies #decentralization

What is Binance Earn? Imagine planting a seed in a pot. You won’t see a plant right away, but with patience and care, one day the sprouts will appear. This is similar to Binance Earn: you put your crypto into a special program and, over time, it grows on its own. But be careful! Just like the weather, the value of crypto can change often. Sometimes it’s sunny and the prices go up, other times it rains and the prices go down. But if you are patient and don’t panic, over time you will see the results. #CryptoPerTutti #BinanceEarn #Fordummies #Volatilita