Hi all, my name is Jerez Gregory, I’ve been in the cryptocurrency business for almost 10 years and I share my experience with anyone who needs it.
I dedicated this blog to applications and extensions in cryptocurrency. Whether you are a cryptocurrency trader or just a curious observer, apps are sure to interest you. They make it easy to keep track of the cryptocurrency market, and you’ll never miss the nerve-wracking spikes in bitcoin.
Let me give you a little introduction to the concepts:
Cryptocurrency is a digital means of payment. The main features of cryptocurrencies from fiat money are decentralization, absence of physical form, absence of a single center of issue and control. Cryptocurrency can be linked to an asset (currency, precious metals, oil) or not.
A token is a digital asset, an analog of a security. It is not a cryptocurrency, but can be used as a means of payment within platforms.
Mining is the process of cryptocurrency mining, which uses computing power to solve problems on the blockchain – mining new blocks and verifying transactions. The miner receives remuneration for his work.
A cryptocurrency exchange is a place where traders can exchange some cryptocurrencies for others. Exchanges are also made for other assets, such as national currencies (dollar, euro, ruble, yuan).
Stacking is the process of storing funds in a cryptocurrency wallet to support all transactions on the blockchain. During the time assets are stored, the user acts as a transaction validator on the network. After the user completes the stacking, he receives a reward in the form of a percentage rate.
Read more about the applications in my articles and leave comments!