Daily Crypto Knowledge (Friday, July 18)

In the crypto world, what is commonly referred to as 'mining' simply means using computer power to solve cryptographic problems, validate transactions, and record them on the blockchain. Upon successful completion, one can earn newly issued cryptocurrencies (such as Bitcoin).

'Blockchain' is the core technology of the crypto world, like a public distributed ledger, where all transaction records are encrypted and synchronized across the entire network, making them immutable and ensuring data transparency and trustworthiness.

Newcomers should be aware that cryptocurrency prices are highly volatile; invest with spare money and first understand the basic concepts before entering the market.