What is cryptocurrency?
✨ What is cryptocurrency?
Cryptocurrency (Crypto) is a 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 public, 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, differing in security).
✅ DeFi: Decentralized financial services, such as lending and trading, without the need for traditional banks.
⚠️ Risk Awareness
❗️ Cryptocurrency prices are highly volatile, and may experience significant fluctuations in a short period.
❗️ There are significant differences in global regulatory policies; some countries prohibit 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 Informational 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~
PEPE ETH BTC
