You are viewing a single comment's thread from:

RE: What should be included in a video explainer of cryptocurrency?

in #steemit7 years ago (edited)

The reasons for it in the first place. Decentralization, consensus, flagless currencies (even Steem is a currency though it serves other purposes). Proof of work and proof of stake are basic concepts if people want to know about the mining side. The rules can be set in the algorithm so users and holders of the currency know what to expect as far as things like inflation. Also the 24/7 nature of crypto currencies and not having to put your money in a bank (you can hold the private keys).

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.029
BTC 64876.15
ETH 3157.35
USDT 1.00
SBD 2.55