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 are cryptocurrencies modeled after Bitcoin?
The cryptocurrencies modeled after Bitcoin are collectively called altcoins and have sometimes tried to present themselves as modified or improved versions of Bitcoin. The “crypto” in cryptocurrencies refers to the cryptographic technics that allow for creating and processing digital currencies.
What is a crypto coin?
These crypto coins have their own blockchains which use proof of work mining or proof of stake in some form. They are listed with the largest coin by market capitalization first and then in descending order.
What is a fake cryptocurrency website?
Fake websites: Bogus sites which feature fake testimonials and crypto jargon promising massive, guaranteed returns, provided you keep investing.
