In this episode of the Web3 Series, we dive deep into how cryptocurrencies like Bitcoin and Ethereum actually work, why they are decentralized, and how they are shaping the future of finance.
๐ก What Youโll Learn in This Episode
โ
What is Cryptocurrency (in the simplest way possible)
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How transactions work without any bank
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The technology behind crypto โ Blockchain
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What are Mining and Staking
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Real-world use cases of crypto
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Why crypto is risky yet revolutionary
๐ง Quick Summary
Cryptocurrency is a digital currency that runs on blockchain, not banks.
Every transaction is verified by thousands of computers (called nodes).
Bitcoin uses โProof of Workโ โ miners solve puzzles to verify transactions.
Ethereum and newer chains use โProof of Stakeโ โ validators lock their coins for security.
Crypto enables borderless, transparent, and instant transactions.
Its value depends on demand and supply, just like gold โ but faster and global.
Despite being volatile, itโs one of the biggest financial innovations of our time.
๐งฉ Why It Matters
Cryptocurrency isnโt just about trading โ
Itโs about trustless finance, global inclusion, and freedom from intermediaries.
Just like how email changed communication,
crypto is changing money forever ๐ฅ
๐ค About the Creator
Hey everyone! Iโm Kishan, Founder & CEO of OmniRadhaNexus โ a Web3 multichain company building decentralized products for the future.
Through my Web3 Series, I simplify blockchain, crypto, and the future of the Internet โ
so anyone can learn, build, and grow in the decentralized world ๐
๐ Watch the Full Episode
๐ฌ Watch Now on YouTube โ
โCryptocurrency Explained | How Crypto Works Step-by-Step (Web3 Series Ep. 3)โ
Donโt forget to Like, Comment, and Subscribe
for the next episode โ Smart Contracts Explained!
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