Cryptocurrency for Dummies

Description

Would you be interested in learning more about the world of cryptocurrencies and why they are so important?

Cryptocurrency, also known as cryptocurrency or crypto, is a form of digital or virtual currency that uses cryptography to protect transactions. If this topic piques your interest you'll find many answers here.

Why does this economy move so much money? In what ways might you try to invest? These are just a few of the topics covered in this book.


You are at the right place; please keep reading.

The concept of cryptocurrency can be hardly separated from the central figure of its founder, Satoshi Nakamoto – a pseudonymous figure of someone or persons who founded the system. Cryprocurrency entered the public consciousness in 2008 when he submitted the white paper and thereby projecting the Bitcoin as the first version of cryptocurrency. It is worthy to note that cryptocurrency was not the first digital money experiment. Richard Chaum, a digital technology expert produced what could be deemed the first attempt towards digital money. In his book titled;,…the ecash, the product of his finance mechanism was to be built on digicash, enabling the leeway that accesses concealed identity of transactions and users. However, the experiment was flawed on the grounds that the system was still heavily reliant on third party interference. But, it provided the basis and the impetus for the subsequent creation of cryptocurrency, something even Nakamoto personally conceded of. Instead of the characteristic interference associated with Chaum’s invention, Satoshi successfully iterated with the use of the blockchain.

This book contains the following contents:

• What is Cryptocurrency
• What is Cryptography?
• Blockchain and Cryptocurency
• Decentralized Finance Systems (DeFi), Smart Contracts, ICOs and NFT
• Initial Coin Offering (ICO)
• Non-Fungible Tokens (NFTs)
• Cryptocurrency as a Medium of Exchange
• How To Get Started Trading Cryptocurrencies
• Open a Cryptocurrency Exchange Account
• Choose a Cryptocurrency to Invest In
• Trading On Decentralized Finance
• What is DeFi?
• HODLING
• Strategies For Hodl
• Terminologies In Cryptocurrency Trading to Know
• The Process of Mining Cryptocurrency
• Legislation of Cryptocurrency

If you're interested in learning more about these fascinating topics that affect us exceedingly closely, given the amount of money that cryptos are able to move, then buy this book. The different information contained in it will give you the knowledge that can open the eyes of anyone who does not want to fall behind in learning about these technologies.
Are you ready to start your knowledge?