Guides

What is Mining in CryptoCurrency Networks?

Mining in cryptocurrency networks is a validation of transactions. For such kind of validation efforts miners get new cryptocurrency as a reward.

How CryptoCurrencies are validated?

Blockchain provides validity of each cryptocurrency coins.

What are coins and tokens?

Coins and Tokens are Crypto Tokens which provides functions other than making payments.

Who maintains a CryptoCurrency?

A CryptoCurrency does not require a central administrator and so it’s maintained through distributed or shared consensus.

How CryptoCurrency works?

CryptoCurrencies works through shared, replicated and synchronised data geographically spread across multiple countries and institutions. Which is typically a blockchain. For example Bitcoin, a most popular CryptoCurrency.