두나무 CEO, SNU Computer Science & Engineering/Economics, 독서, Startup, Innovation, Kaizen, Difference, Software Development, 즐거운 인생!
…d Yen. That comparison won’t help you understand what’s going on. In fact, it’s getting in the way. So for the rest of this note, I will refer to cryptocurrencies as crypto assets.
Here’s my definition: cryptocurrencies are a new asset class that enable decentralized applications.
The blockchain format was first used for bitcoin, as a solution to the problem of making a database both secure and not requiring a trusted administrator: in this case the blockchain consists of blocks that hold batches of valid transactions.