Demystify Blockchain and Master Cryptocurrencies!
Attention blockchain techies & crypto enthusiasts! We are Will & Scott, two masters in the fields of blockchain & cryptocurrency. We have one goal:
Educate you in the fields of cryptocurrency and the blockchain, so you can INVEST or just learn more about this new technology!
How do we do it? We produce an awesome podcast where we interview renowned experts in the fields of cryptocurrency and the blockchain, showing you where the future is headed. We also have some amazing guides put together to get you up to speed. Check them out, we promise they’re worth a look.
Originally, I got into cryptocurrencies simply as a way to supplement my income. After many successes, and some tough lessons, trading cryptos became my primary occupation. Still, I wanted to learn more about cryptos and the blockchain technology that drives them… and to share that knowledge. Thus, Blockchain Decrypted was born! Too many people want to participate in the blockchain revolution or trade cryptos, but have no idea how to do so. My goal is to give listeners the inside scoop on the revolution – directly from the experts leading the charge.
No problem, we’ve got you covered! Here are two quick definitions to get you started. If you’re ready to dive in further, feel free to check out the guides mentioned below.
The blockchain is a digital ledger distributed across millions of computers. Each time a piece of information is adjusted in any way related to the blockchain, it is put on the ledger. This ledger is a continuously growing list of records. Occasionally the entire list of records is updated and a new “block” of records is created, hence the name the “blockchain”. Imagine a chain of interconnected blocks, each one containing information about the entire network.
Cryptocurrency is a digital currency that can be invested in and traded, much like a traditional stock. It’s based on cryptography, hence the “crypto” in the name. Using cryptographic methods, cryptocurrency is practically unhackable and very secure. Much like stocks, cryptocurrencies fluctuate in value, and people can make a living by trading them. The key difference between cryptocurrency and the stock market is that cryptocurrency is highly volatile. The price moves very quickly, both up and down. You can often see 25% changes in price within a few days. With a proper strategy, cryptocurrency trading can even be profitable.