A Beginner’s Guide to Understanding the Cryptocurrency

I am sure you have heard a lot about Bitcoin – a Cryptocurrency. Do you know what is a Bitcoin or a Cryptocurrency? Who controls this System? Why is Bitcoin so valued? Why Bitcoin mining needs very powerful computers? What is the difference between a Cryptocurrency or a Blockchain? Why Bitcoin prices change so rapidly? Where are all Bitcoins kept? Is there any concept of half bitcoin or a portion of it used for trading? There are numerous other such questions that come to mind whenever we talk about Bitcoins.

Though in this article I have given a very comprehensive review about Cryptocurrencies and what is going on right now with Cryptocurrencies. Still, the purpose of the current article is to give you understanding and some basic concepts about cryptocurrencies in the form of illustrations – Bitcoin Illustration.

See Also: Cryptocurrency – Everything you need to know about it.

The scrollable explainer features abstract illustrations like a children’s book and provides a high-level synopsis of what bitcoin is, where it came from, and how it works, all in easy-to-understand language.


Courtesy: Prachi Bhardwaj

Naeem Javid

Naeem Javid Muhammad Hassani is working as Deputy Conservator of Forests in Balochistan Forest & Wildlife Department (BFWD). He is the CEO of Tech Urdu (techurdu.net) Forestrypedia (forestrypedia.com), All Pak Notifications (allpaknotifications.com), Essayspedia, etc & their YouTube Channels). He is an Environmentalist, Blogger, YouTuber, Developer & Vlogger.

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