Tag: money

How Crytocurrencies really work (and what you can do with them)

By Inyang Effiong

On February 4, 2018

In BlogPost

In this 3rd part of the series on money and cryptocurrencies, we dive deeper into the mechanism of cryptocurrencies.

At the very core, a cryptocurrency is basically a token that is created and maintained on top of a blockchain, the

… Read the rest

Understanding Money and Cryptocurrencies (Blockchain applications part 2)

By Inyang Effiong

On January 28, 2018

In BlogPost

Bundle of Money

A cryptocurrency is simply currency/money that is based on strong cryptography to secure its use for transactions, to control the creation of additional units and to verify any operations done with it. Most definitions like to add … Read the rest