How to research a cryptocurrency?

When researching, make sure to note down positives and negatives about a cryptocurrency, so at the end when you are done you can quickly see whether it is worth investing in the cryptocurrency and also to keep a good overview when researching! The first and most important thing that you should research is the actual White Paper.

What is cryptocurrency and how does it work?

Cryptocurrency is decentralized digital money that’s based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 9,000 different cryptocurrencies in circulation. How Does Cryptocurrency Work? A cryptocurrency is a digital, encrypted, and decentralized medium of exchange.

Where can I buy cryptocurrencies?

Cryptocurrencies can be purchased through crypto exchanges, such as Coinbase. They offer the ability to trade some of the most popular cryptocurrencies, including Bitcoin, Ethereum and Dogecoin. Still, they may also have limitations. You’ll have to check to see if your exchange supports the right crypto pairing you need to make a purchase.

What are the roots of cryptocurrency technology?

The roots of cryptocurrency technology can be traced back to the 1980s with the invention of what is called a “blinding algorithm”. The algorithm is all about secure and immutable digital transactions. It remains fundamental to the modern-day digital currency.