What is beincrypto?

BeInCrypto is one of the world’s most reliable sources of information about crypto – we are among the Top #3 crypto news outlets We are much more than a media publication. We want to pave the way for everyone – from crypto newbies to experts – to access the most accurate and transparent information within the crypto realm.

What is crypto & how does it work?

The word “crypto” in cryptocurrency refers to the special system of encrypting and decrypting information – known as cryptography – which is used to secure all transactions sent between users.

What are cryptocurrencies & crypto tokens?

Both cryptocurrencies and crypto tokens fall under this category. Cryptocurrency: These crypto assets are also called crypto coins and are those native to blockchains. So for instance, bitcoin (BTC) is the native cryptocurrency of the Bitcoin blockchain and ether (ETH) is the native cryptocurrency of the Ethereum blockchain.

What is the genesis block of bitcoin?

A logo for Bitcoin, the first decentralized cryptocurrency The genesis block of Bitcoin's blockchain, with a note containing The Times newspaper headline. This note has been interpreted as a comment on the instability caused by fractional-reserve banking. : 18