Centralized Exchanges (CEX): These are the most common type of exchanges, acting as intermediaries between buyers and sellers.
Alright, imagine a digital gold rush, but instead of digging in the ground, miners use powerful computers to solve complex mathematical puzzles.
so imagine a big, digital book that records every transaction ever made using a particular cryptocurrency
Ethereum isn't just a cryptocurrency like Bitcoin. It's a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps).
So, what's the big deal about Bitcoin? Well, it's a digital currency, but not just any digital currency.
Think of blocks as digital containers that store information. Each block in a blockchain contains a bunch of transactions
Imagine a digital ledger like a massive, transparent, and super secure bookkeeping system that records transactions across a network of computers.
Well, it's a type of digital or virtual currency that uses cryptography for security.
Money, at its core, is a medium of exchange. It's a way for people to trade goods and services without having to resort to the barter system
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