STEEM KIDSS and parents writing expedition contest day 2 crypto
Good day great people of steemit,
Today is the second day of the writing expedition contest hosted by @steemkidss and today the topic is crypto and technology so I will be going for crypto .
__ORIGIN OF CRYPTOCURRENCY__
Crypto can be traced back to the creator and founder of digital currency whose name is Satoshi Nakamoto he is the founder of cryptocurrency. Also cryptocurrency is not run under the government rather there are certain companies who own and run crypto firms and industry.
__TYPES OF CRYPTOCURRENCY__
Before I dive into the types of cryptocurrency I will like to ask you my dear reader do you know why bitcoin is the most expensive of all crypto? This is simply because it was the first crypto ever made, as time goes on they decided to make altcoins these altcoins are ethereum, Bnb, ton, litecoin, xrp, cardona and even the steem coin these are all altcoins.
__WHAT IS BLOCKCHAIN__
Blockchain is the like the record book where all transactions take place or it is known as network of a particular crypto coins for example the famous usdt tether we know are two types the popular one is the one under the tron Blockchain which is the trc20 but the other is the one under the ethereum network which is known as the erc20.
__WHAT IS THE BULL RUN__
As the name implies is when the crypto market is skyrocketing which means when there is high demand for a particular crypto coins the price becomes high and volatile and this may lead to many other coins also having high prices. The bull run can make the crypto market volatile that is it can make the prices become unbearable.
In the crypto the are many things which are used in watching trade such as observing the candlestick. Candlesticks are the red and green lines which we see on a particular trade or the increase and decrease of price in a particular coin in the market.
Also there is a particular abbreviation which many people don't know about thilese abbreviation are Nfts which means non-fungible tokens also another one which we see almost everyday is DeFi which simply means decentralized finance.
Thank you for reading GOD bless you I now call on @john247 @chiagoziee @anthony002 and @onomzy001 to also come and take part in this contest.
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
X link https://x.com/ahmneska/status/1813213604579029425
Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.