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What is crypto & how does it work?
Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.
What is cryptography in Computer Science?
In computer science, cryptography is the collection of secure information and communication techniques employing mathematical concepts and algorithms used to disguise the content of messages. What are the three types of cryptography?
What is a cryptocurrency system?
According to Jan Lansky, a cryptocurrency is a system that meets six conditions: The system does not require a central authority; its state is maintained through distributed consensus. The system keeps an overview of cryptocurrency units and their ownership. The system defines whether new cryptocurrency units can be created.
