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Explained Simply: What is Cryptocurrency?
Cryptocurrency is a decentralised medium of exchange with a distributed type of emission. Cryptocurrencies work through blockchain technology and are protected by special encryption. Breaking down the definition into its components will help describe a complex term in simple words.
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What is a Smart Contract?
Definition of a smart contract. How smart contracts work on the Blockchain. Examples of use and possibilities of smart contracts, the future of the technology.
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What are Blockchain technologies?
Because safety is guaranteed by ALL users at the same time – there is no need for other intermediaries or central clearing system. You can always send bitcoin packages worldwide directly to a recipient via blockchain system without having to wait for an approval or pay any transaction fees.