What is a cryptocurrency network?

What is a cryptocurrency network?

Each cryptocurrency has its own payment network, within which the cryptocurrency can either be mined, meaning the creation of new units of the currency, or used for payments, i.e., transferring the currency from one address, created for this purpose, to another...
What is cryptocurrency?

What is cryptocurrency?

Cryptocurrency is a type of virtual currency that utilizes a network of individual users’ personal computers for the creation and execution of payment transactions. These users provide part of their computing power through an internet connection. These virtual...