Cryptocurrencies were introduced with the intention of revolutionizing the financial infrastructure. However, as with any revolution, there are trade-offs. At the current state of cryptocurrency development, there are many differences

Fiat currencies derive their authority as a medium of transaction from the government or monetary authorities. For example, every dollar bill is backed by the Federal Reserve. However, cryptocurrencies are

At the heart of the appeal and functionality of Bitcoin and other cryptocurrencies is blockchain technology. As the name implies, the blockchain is essentially a series of interconnected blocks or

Cryptocurrencies are digital or virtual currencies based on cryptographic systems. They enable secure online payments without the use of third-party vendors. The term “crypto” refers to the various encryption algorithms

A cryptocurrency is a digital or virtual currency secured by cryptography, which makes counterfeiting or double spending nearly impossible. Many cryptocurrencies are decentralized networks based on blockchain technology – a