Your explanation about the cryptocurrencies and the revolution of blockchain technology are quite good.

The Blockchain technology gain more popularity when it was implemented in the cryptocurrencies. There are number of innovations that are bought in the financial realm due to its benefits. But still there are some drawbacks that, we hope, could be solved in the future.

Cryptocurrency is cryptographic money, and different blockchain consensuses are accustomed to the generating of new crypto, and this method is referred to as mining.

Yes brother, you are very right here. The creation of new crypto tokens in a blockchain are dependent on the consensus protocols that are being used in that blockchain. The mining process actually refers to the creation of new cryptocurrencies.

Thanks a lot for sharing your precious post with us. Good luck ahead.