Mined Crypto in its Simplest Form

Crypto is

Crypto is a digital asset managed on a blockchain.

Created through

Crypto is created through mining, where participants solve mathematical calculations.

Mining

The mining process bundles transactions into a block and adds it to the blockchain.

And stored on the blockchain

Mined crypto is stored as a record on the blockchain, including the owner’s address.

Ideal for Sending or Receiving Funds Globally

Crypto is ideal for people without access to traditional banking systems, allowing anyone with internet access to send or receive funds globally.

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In Its Simplest Form

A series that breaks complex ideas down to their essence.

Stories in the series:

1. Part 1, Blockchain Read it here →

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