Crypto 101: blockchains, currencies and security
Update: 2022-07-25
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Description
If the words "crypto," "Bitcoin," "blockchain," "mining," feel overwhelming or confusing Life Kit is here to help. In this episode, experts to demystify cryptocurrencies and give you the tools to decide whether buying some is a good option for you.
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Blockchain technology can be used for a wide range of applications, from financial transactions to medical records and voting systems. But it also offers some very interesting possibilities for the future of money, as well as its role in society. The key to understanding the blockchain is to recognize that it’s not actually a single technology. It’s a combination of technologies — and there are different kinds of blockchains. There are many services like https://www.resultstaxaccountants.com/ that are making things interesting for the crypto users. Private blockchains are another kind of blockchain technology — they have their own rules and protocols that govern who can join or leave their network.