🔶Step 1: What is Cryptocurrency?
🌟Cryptocurrency is a type of digital money that isn’t controlled by any bank or government.
It runs on a technology called blockchain, which keeps all transactions safe, transparent, and immutable.
Examples:
🔸Bitcoin ($BTC )
🔸Ethereum ($ETH )
🔸Solana (#SOL )
🔸Binance Coin ( $BNB )
In simple terms:
Crypto = Digital Money
Blockchain = A secure digital ledger that records every transaction
🔶Step 2: How Blockchain Works
Think of blockchain as a digital book where every transaction is written sequentially.
Each page of this book is called a block, and when pages are linked together, it forms a blockchain.
✴️Each block contains:
✴️Sender & receiver information
✴️Amount transferred
✴️Timestamp
✴️Reference to the previous block (forming the chain)
✅ Because each block is linked, tampering with data is nearly impossible — making blockchain extremely secure.
🔶Step 3: Types of Crypto Coins
🌟 Not all crypto coins are the same. There are 3 main types:
1️⃣ Cryptocurrencies (Main Coins)
Example: Bitcoin (BTC), Litecoin (LTC)
👉 Used primarily as digital money for transactions.
2️⃣ Platform Coins (Smart Contract Coins)
Example: Ethereum (ETH), Solana (SOL)
👉 These coins provide a foundation to build apps and projects on their blockchain.
3️⃣ Tokens / Utility Coins
Example: Shiba Inu (SHIB), Chainlink (LINK)
👉 Built on existing blockchains, used for specific functions within platformsStep 1: What is Cryptocurrency?
WAITING FOR STEP 4 🤓😎
