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How Cryptocurrencies Work

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IN THIS CHAPTER

Understanding the basics of how cryptocurrencies function

Deciphering important terminology you need to know before investing

Seeing how new cryptocurrencies are born from old ones with forks

Cryptocurrencies, and more specifically Bitcoin, have been one of the first use cases for blockchain technology (covered in detail in Book 2). That’s why most people may have heard about Bitcoin more than they have about the underlying blockchain technology.

This chapter gets into more detail about how cryptocurrencies use blockchain technology, how they operate, and how they’re generated, as well as some crypto geek terms you can impress your dates with.

Cryptocurrency All-in-One For Dummies

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