How Does cryptocurrency work? - crypto Lesson 2

Now that you know what cryptocurrency is Let's understand how it works. Cryptocurrencies run on atechnology called blockchain.A Blockchain is like a digital ledger - it records every transaction that happens with that cryptocurrency. 🧠 Key Concepts You Should Know: 1.Blockchain it's chain of blocks Each block contains transactions data.Once data is added,it cannot be changed - making it secure and trustworthy. 2.Wallet A crypto wallet is a digital tool that stores your cryptocurrency.There are two main types: .🔒Hot Wallet - connected to the internet(e.g.mobile apps like Trust wallet). .🧊 Cold wallets - offline storage (e.g.hardware devices like Ledger). 3.mining mining is how new coins are created and how transactions are verified.computers solve complex math problems to confirm transactions and are rewarded with new coins (like Bitcoin mining). 4.private Key vs public key .🔑 private key: Like your password - never shere it. .📩 public key: Like your account number - other use it to send you crypto. 💡 Simple Example: if Ali wants to send Bitcoin to Amina, he uses her public key (wallet adress). The blockchain network checks if Ali has enough balance, then adds the transaction to the next block.Once confirmed,Amina gets the Bitcoin. ✅ Final Words: crypto is based on transparency, security, and decentralization.Understanding how it works helps you avoid mistakes and scams. 💬 Coming Next: in Lesson 3, we'll talk about different types of cryptocurrency and their uses. stay tuned!