The basics for those who know nothing about crypto.
Cryptocurrencies are digital currencies that use cryptography for security. This means that transactions are super secure and cannot be forged.
Cryptocurrencies operate on a technology called blockchain, which is like a giant ledger where all transactions are recorded. Each block of this ledger is super protected by cryptography, making it almost impossible to hack.
There are various types of cryptocurrencies, but the main ones are Bitcoin, which was the first of all, and Ethereum, which allows the creation of other decentralized applications.
There are payment cryptocurrencies, like Bitcoin, platform cryptocurrencies, like Ethereum, and stablecoins, which try to maintain a value similar to that of traditional currencies.
There are also meme coins, which are based on internet memes, and shitcoins, which generally have little or no value.