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Cryptocurrencies - Coggle Diagram
Cryptocurrencies
importance of decentralisation
others can not edit your database
freeze accounts under suspicion
money refund if debit card gets stolen
others can not access your database
fancy and big databases
information of transactions
bank balance
a database for each cryptocurrency
Future of cryptocurrencies
There will be a steady demand
disconnected from a market price
mainly remaining in the background
most of them illegal
will become part of our daily life
will remain in a speculative bubble due to the deluge of regulations
use of crpytocurrencies
payment system
A computer is paramount for accessing a cryptocurrency platform
What is a cryptocurrency?
Cryptocurrencies are run by "blockchain"
shared public record for transactions
used accoridng to the agreed-upon rules