Sunny Mattoo
by on August 27, 2017
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WHAT  IS  CRYPTO  WORD?

Crypto is an AI(Artificial Intelligence) language which is based on the Algorithmic prepositions of the values. In simple words we can say Crypto is understandable language for computer for example QR gets identified by  the QR readers.

Further more simplified way :- 

Crypto = AI(Artificial Intelligence) Alphabets.
Blockchain= Statement created by doing conjunction with Alphabets. 

HOW  DOES  CRYPTO  CURRENCIES WORKS ON  THE  BASIS OF THESE VALUES?

 

As per Home page of my website(sunnycryptofreak.weebly.com) introduction Satoshi Nakamoto got the identity for the creating this Crypto Currency on the basis of Algorithmic values where it requires Proof of Stake(PoS) to get digitized in the Blockchain (Blockchain will discuss later). Once that value fulfill the requirement of the Blockchain protocol thereafter that value will become the part of that coin hence a coin get created on Blockchain. 

What is Proof of Stake(PoS)? 
Proof of Stake(PoS) works like a conjugation in Blockchain technology in simple words which is with miners. 

However, below is the actual definition:- 

Proof-of-stakeProof-of-stake (PoS) is a type of algorithm by which acryptocurrency blockchain network aims to achieve distributed consensus. ... In PoScryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined.

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