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How do blockchains work review

Lesson in Course: Ambition reviews (beginner, 5min)

Part 2 of Is crypto right for me?

Bitcoin basics

Cryptocurrencies rely on new technology to decentralize transactions. The information is stored so that everyone has access to it rather than it being recorded and held by a single company.

 

We can invest in cryptocurrencies similar to how we might use and invest cash.

 

Ethereum basics

Ethereum was built to expand on the decentralized vision started by Bitcoin.

 

 Ethereum is a blockchain that allows us to do more through smart contracts.