Here are some basic things to know about the crypto world:
Digital currency: The currency circle mainly revolves around various digital currencies, such as Bitcoin, Ethereum, etc. They are based on blockchain technology.
Blockchain technology: It is the underlying technology of digital currency, which has the characteristics of decentralization, non-tampering, security and reliability.
Mining: The process of participating in the maintenance of the blockchain network through computing resources and obtaining digital currency rewards.
Wallet: A tool used to store digital currency.
Trading: Digital currencies can be bought and sold on platforms such as exchanges.
Public chain: A blockchain network that supports the development and operation of various applications.
Smart contract: The terms of a contract that can be executed automatically, implemented on the blockchain.
Currency price fluctuations: The price of digital currencies fluctuates greatly and is affected by a variety of factors, such as market sentiment and policies.
It should be noted that the currency circle has high risks and uncertainties, and the market supervision is not yet perfect. Investing in digital currencies requires careful assessment of risk and one's own tolerance. At the same time, be wary of some scams and illegal activities.#StartInvestingInCrypto