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Earn from Cryptocurrency

 


In today's era, cryptocurrency has become a very big business, 

so let's know how we can earn from it. First of all, you have to know when it started.

It all started,In 1983 when the American cryptographer David Chaum discovered cryptographic

 “electronic money” called “ecash”. later in 1998 Wei Dai published a description on “b-money” 

known as distributed electronic cash system.After that Nick Szabo described bit gold like bitcoin

 and other cryptocurrencies that would follow it,bit gold as an electronic currency system which 

requires users to complete proof of work function with function with solution being cryptographically 

put together and published.Later on bitcoin was invented in 2008 by an unknown person or group

 of people using the name Satoshi Nakamoto.

The currency started growing in 2009 when its implementation was released as open-source 

software.Bitcoin is decentralized digital currency,without a central bank or single administrator. 

Cryptocurrency transactions are verified through network systems and recorded in a public 

distributed ledger that is called a blockchain. The miners have to prove the computation work 

they do in order to get awarded the Bitcoin in return. After  Bitcoin many cryptocurrencies occur

 in the crypto market like Litecoin, Etherium, XRP, dogecoin etc.

Blockchain

Blockchain is a technique to store information and data in a decentralized form. 

Information and data stored in blocks. Blocks are divided in three parts Data, Hash and 

Hash of the previous block. Data is information that is included by you. Every block has its 

own fingerprint called Hash.It is a method for uniquely identifying the Block. Every block of 

the blockchain has a stored hash of the previous block.each block is interconnected with each 

other.Blockchain is a secure method of storing information and data because it is a 

decentralized Network of computers. Every node of the blockchain has a copy of the 

transaction.

Miners 

Blockchain is managed networks of computers that are called Miners or Nodes.Miners are

 verified transactions of blockchains. Privacy of information and data encrypted by Recipient’s 

public key and private key.The miners have to verify the transaction they do in order to get 

awarded the Bitcoin in return in the case of bitcoin blockchain.

Cryptocurrency Wallets

Cryptocurrency wallets are digital wallets that hold your crypto assets and you can send and 

receive your crypto.Two types of crypto wallets Hot Wallet and Cold wallets.Hot wallets are 

connected to the internet and cold wallets are not.

Hardware Wallets: Hardware wallet is a very secure wallet. A hardware wallet is  a crypto 

wallet that stores the user’s private keys in a secure hardware device. Many hardware wallets 

are available in the market like Trezor, Ledger

Paper wallet

Paper wallet is a document that has a public and private key written on it in QR Code form.

How Can everyone Earn from Crypto:

Everyone  has their own crypto wallet.

Everyone can mine cryptocurrency with their personal Computer using their CPU Hash power 

and GPU Hash powers.everyone uses an unmineable platform for mining to cryptocurrency.

Link: https://unmineable.com/





Everyone can  earn free cryptocurrency from Faucet websites:

https://freebitco.in/?r=3026142

https://es.btcnewz.com/auth/register?ref=e2b46760cd4c2d3fd0cf 

 

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