The Complete History of Cryptocurrency in 2800 Wordsby@alyzesam
933 reads

The Complete History of Cryptocurrency in 2800 Words

March 4th 2022
1 min
by @alyzesam 933 reads
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Bitcoin is a complex technology where digital information is saved within the “blocks” and stored on a public database. The purpose of blockchain is to allow digital data to be recorded and distributed. To conduct transactions on the Bitcoin network, participants must run a program called a “wallet” Each wallet consists of two unique and distinct cryptographic keys: a public key and a private key. The public key is the location where transactions are deposited to and withdrawn from. This is also the public key that appears on the blockchain ledger as the user’s digital signature.

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@alyzesam

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