September 23, 2025


Family, greetings.
Let's walk through some basic terms in crypto.
Cryptocurrency is digital money that uses cryptography to secure transactions and operates on blockchain technology. It is decentralized, meaning it is not controlled by banks or governments, and transaction records are maintained in a secure blockchain system. Cryptocurrency can be used as an investment, a means of payment, or for saving.
Bitcoin is the first and most well-known cryptocurrency, created by the anonymous developer Satoshi Nakamoto in 2009. It is a decentralized electronic payment system that operates on blockchain technology, ensuring transparency and security of transactions without intermediaries such as banks. The number of bitcoins is capped at 21 million, making it a deflationary asset, and its value is determined by market demand and supply.
Altcoins are any cryptocurrencies other than Bitcoin. This name is a shortening of the English "alternative coins" (alternative coins). They were created to offer additional opportunities and address Bitcoin's limitations, such as transaction speed, as well as to explore new areas, such as smart contracts. There are many altcoins, each with its unique features and technologies, for example, Ethereum for smart contracts or Litecoin, which offers faster transactions.
Blockchain (, i.e. blockchain, block chain from block - block, chain - chain, that is, a chain of blocks ) - a distributed database that stores an ordered chain of records ( called blocks ), which continually lengthens. Each block contains a timestamp, a hash of the previous block, and transaction data presented as a hash tree. Transaction information is usually provided in an open, unencrypted manner. The inclusion of the hash of the entire block in the next block serves as protection against tampering and distortion. Therefore, making changes to one of the blocks requires corresponding changes in all blocks after it, which usually turns out to be either very complicated or very costly.
A transaction is a logically completed, self-sufficient operation that transitions a system from one state to another, and can refer to a banking operation involving the transfer of funds, an economic transaction, or a unit of work with data in computing that must be executed in full or not executed at all in order to maintain the integrity of the system.
#cryptocurrency
#bitcoin
#altcoins
#blockchain
#transaction
#Gate
ETH-6.35%
LTC-3.54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
GateUser-82b5fb27vip
· 13h ago
Crypto taught me two things: patience and how to live on instant noodles
Reply0
Posolokvip
· 09-24 07:10
cccccccvcggvgvgvgg
Reply0
Holder2025vip
· 09-24 07:09
dddddddddddddddddddd
Reply0
Den4ik__13vip
· 09-24 03:58
Hold tight 💪
View OriginalReply0
GateUser-3e5e729avip
· 09-24 00:28
The bullish market is at its peak 🐂
View OriginalReply0
GateUser-3e5e729avip
· 09-24 00:28
The bullish market is at its peak 🐂
View OriginalReply0
Speedyvip
· 09-23 18:50
thank you for the information
View OriginalReply0
Cryptokobanvip
· 09-23 10:49
Crypto taught me two things: patience and how to live on instant noodles
Reply0
Palladavip
· 09-23 09:58
Hold on tight 💪
View OriginalReply1
View More
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)