Archives for Dogecoin

Cryptocurrencies A Possible Alternative to Traditional Banking

If you have never heard of the term “cryptocurrency” let me break it down for you. In this case the word “crypto” is used as a reference to Cryptography which involves the use of mathematics, computer science, and electrical engineering to secure data. And as you should know the word “currency” usually refers to money as a medium of exchange. When you put the two together it means currencies that use Cryptography to secure the transactions and to control the creation of new units.   What Cryptocurrencies Are In the most basic definition cryptocurrencies are currencies that use Cryptography to
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Categories: Information Technology, IT Security, and Preston Hood.