Crypto in Brief!

To understand cryptocurrencies, you must start from the basics: the blockchain.

It is a public electronic ledger where all transactions of buying, selling, and transferring are recorded transparently and distributed across thousands of devices around the world without control from a single entity.

Imagine a large ledger that everyone writes in and everyone reviews, and no one can change or tear its pages.

Every transaction is recorded in this ledger and documented, then linked to the previous ones in an unbreakable timeline.

When you buy Bitcoin, the transaction is recorded in this ledger, confirmed by the network, and remains preserved forever. No need for a bank, and no room for forgery.

Without this ledger — the blockchain — Bitcoin and any cryptocurrency would not exist.