What is cryptocurrency?
✨ What is cryptocurrency?
Cryptocurrency (Crypto) is a type of digital asset based on blockchain technology, such as Bitcoin (BTC) and Ethereum (ETH). Its characteristics include decentralization—no bank or government controls it, and all transaction records are publicly transparent and immutable.
🔍 Common Terminology
✅ Blockchain: A distributed database, like a globally shared ledger.
✅ Wallet: A tool for storing crypto assets (divided into cold/hot wallets with different security levels).
✅ DeFi: Decentralized financial services, such as lending and trading, without traditional banks.
⚠️ Risk Awareness
❗️ Cryptocurrency prices are highly volatile and can fluctuate dramatically in a short period.
❗️ There are significant differences in global regulatory policies, with some countries prohibiting related transactions (you need to understand local regulations yourself).
❗️ Be sure to keep your private keys safe! Losing your private key = permanently losing your assets.
💡 Technical Knowledge
The total supply of Bitcoin is 21 million coins, generated through “mining.”
Ethereum supports smart contracts and is the underlying platform for many applications.
🌐 For Educational Purposes Only
This article only introduces technical concepts and does not involve any investment advice or trading guidance. Friends interested in blockchain technology are welcome to discuss rationally in the comments~
ETH PEPE BTC
