What is crypto currency

Voja Paul

3 months ago

Transcript

00:00Cryptocurrency is a new digital digital currency.

00:06It is no physical note or note,

00:09such as rupees or dollars.

00:11This is a security for special codes.

00:15Many people use cryptocurrency,

00:18things to buy,

00:19to sell or to invest.

00:23This is not a central bank.

00:25Cryptocurrency is a peer-to-peer network.

00:28Cryptocurrency is a blockchain technology.

00:32Blockchain is a public digital laser,

00:34which records all transactions.

00:36This is transparent and secure.

00:39This new new possibilities can be opened.

00:42This is the basics of understanding the first step.

00:48Centralized crypto projects

00:50or a single company or own organization manage.

00:53This entity can control the project.

00:57This is a traditional bank.

01:00This is a traditional bank,

01:02which is a central office and management.

01:04This is a popular crypto exchange,

01:06which is Binance, Wazirix,

01:09or Coinbase Centralized.

01:10When you use these exchanges,

01:12you can use your account

01:14and you can use your bank.

01:16You can use your bank.

01:18That is a central control.

01:20You can use your bank.

01:22If you have a company,

01:24you can use your bank.

01:26You can use your bank.

01:28You can use your bank.

01:30control

01:32decentralized

01:34systems

01:36decentralized

01:38crypto projects

01:40company

01:42control

01:44users

01:46computers

01:48bitcoin

01:50decentralized

01:52bitcoin

01:54on

01:56miners

01:58and node operators

02:00a global network

02:02is a main idea

02:04a central authority

02:06transactions

02:08various computers

02:10which can be transparent

02:12and censorship resistant

02:14Ethereum

02:16which can be decentralized

02:18dApps

02:20dApps

02:22gaming

02:24to many types of

02:26control

02:28users

02:29decentralized

02:30projects

02:31assets

02:32but

02:33this means

02:34more than

02:36private keys

02:37you will

02:38always

02:39use

02:41decentralization

02:42and security

02:44but

02:45more than

02:46personal

02:47centralized

02:49crypto

02:51projects

02:52can be

02:53user

02:55friendliness

02:56these

02:57platforms

02:58are easy

02:59to design

03:00for new

03:01people

03:02for

03:03customer

03:04support

03:05centralized

03:06platforms

03:07transaction

03:08speed

03:09can be

03:10centralized

03:11entities

03:12traditional

03:13financial

03:14systems

03:15they

03:16regulations

03:17can be

03:18more

03:19than

03:20central

03:21projects

03:22account

03:23recovery

03:24they

03:25can be

03:26more

03:27more

03:28than

03:29central

03:30projects

03:31they

03:32can be

03:33small

03:34point

03:35on

03:36failure

03:37if

03:38central

03:39company

03:40can be

03:41risk

03:42company

03:43mismanagement

03:44centralized

03:45platforms

03:46censorship

03:47control

03:48and

03:49control

03:50gap

03:512s

03:52central

03:53authority

03:54is

03:55trade

03:56on

03:57fair

03:58decentralized

03:59crypto

04:00projects

04:01security

04:02user

04:03control

04:04and

04:05network

04:06distributed

04:07has

04:08which

04:09hackers

04:10cannot be

04:11single

04:12point

04:13which

04:14can be

04:15targeted

04:16transactions

04:17can be

04:18verified

04:19and

04:20secure

04:21and

04:22tamper

04:23proof

04:24the

04:25most

04:26best

04:27is

04:28users

04:29control

04:30users

04:31can be

04:32full

04:33control

04:34when

04:35private

04:36keys

04:37they

04:38can be

04:39decentralized

04:40systems

04:41and

04:42user

04:43friendliness

04:44private

04:45can be

04:46managed

04:47to manage

04:48new users

04:49can be

04:50difficult

04:51for

04:52which

04:53can be

04:54centralized

04:55and

04:57decentralized

04:58and

04:59decentralized

05:00crypto

05:01projects

05:02depend

05:03if

05:04you

05:05have

05:06new

05:07and

05:08customer

05:09support

05:10and

05:11more

05:12centralized

05:13projects

05:14can be

05:15better

05:16finance

05:17or

05:18centralize

05:19exchange

05:20a

05:21experience

05:22for

05:23you

05:24to

05:25make

05:26easy

05:27but

05:28you

05:30need

05:31to

05:32trust

05:33to

05:34you

05:35need

05:36to

05:37find

05:38your

05:39trade

05:40on

05:41and

05:42if

05:43self

05:44custody

05:45censorship

05:46resistance

05:47and

05:48transparency

05:49to

05:50decentralize

05:51projects

05:52are

05:53the

05:54principles

05:55and

05:56many

05:57crypto

05:58users

05:59have

06:00to

06:01understand

06:02the

06:03right

06:04and

06:05your

06:06choice

06:07is

06:08technical

06:09comfort

06:10and

06:11what

06:12you

06:13want

06:14to

06:15match

06:16you

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