Blockchain contain three important concepts which is blocks, nodes and miners. Blocks Every chain contain of multiple blocks and each block has three basic elements: Data  Hash Hash of previous block   When the first block of a chain is created, a nonce generates the cryptographic hash. The data in

The most important thing about money is; can be count on its value and the value is stable over the time. Underpinning the value of money Fiat currency is legal tender whose value is backed and underpinned by the government that issued it. Why a fiat currency is better economic

Fiat currencies is regulated through the central bank. Governments control fiat cash supply and issue policies from time to time that impacts their value. Fiat money it is accepted as money because a government says that it’s legal tender, and the money’s ability to serve as a storage medium for

Cryptocurrency ecosystems may also include: the initiators, the codebase, programmers, miners, middlemen, customers, the media, and governments. 1) Initiators of Cryptocurrency and Internet Platforms The sales pitch of cryptocurrency agencies is that money supply not be used as an instrument of monetary policy as inflation destroys fee and encourages unsustainable

What is USDT USDT, or in another name Tether is a type of cryptocurrency. It falls under the category of stablecoins under cryptocurrency. USDT operating in Hong Kong, by a company named Tether. USDT is special compared to other cryptocurrency because it is designed to remain value at USD 1