Cryptocurrencies — Virtual Gold

Authors

  • Przemysław Kudłacik University of Silesia in Katowice
  • Agnieszka Sikora University of Silesia in Katowice

Keywords:

cryptocurrencies, bitcoin, banks, blockchain, cryptography

Abstract

Cryptocurrency is a term not coincidentally made up of two elements: the prefix crypto- and the noun currency. It is basically a means of settlement, not stored, however, in the computer system of any bank, but rather maintained by thousands of computers scattered around the world. It is built on a technology called blockchain. How are cryptocurrencies created? Can something that does not physically exist have value? It is still difficult to say if cryptocurrencies have more advantages or disadvantages.

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Published

2023-11-03

How to Cite

Kudłacik, P., & Sikora, A. (2023). Cryptocurrencies — Virtual Gold. No Limits, (2(8), 16–17. Retrieved from https://trrest.vot.pl/ojsus/index.php/no_limits/article/view/16257

Issue

No. 2(8) (2023): Transformations

Section

Artykuły

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