WHAT IS A CRYPTOCURRENCY?
A cryptocurrency (or crypto currency) is a digital currency or online money designed to work as a means of exchange. It typically does not exist in physical form (like paper money) and is typically not issued by a Central Authority.
NB: A CRYPTO CURRENCY CAN BE BOUGHT, SOLD AND EXCHANGED ONLINE. O?
BITCOIN–the first crypto currency in 2009, is the first decentralized CRYPTO CURRENCY.
Since the release of BITCOIN, over 6,000 ALTCOINS came on board. One of these is the ETHEREUM crypto currency and it is next to BITCOIN presently in value. One ethereum is over 300dollars worth and it keeps rising in value on a daily basis.
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?? WHY SHOULD I BE INTERESTED IN CRYPTO CURRENCY?
? Reason is because the World has evolved drastically from the BARTER SYSTEM>>COWRIES>>COINS>>PAPER MONEY>>CREDIT CARDS>>CRYPTO CURRENCY. Most Countries around the Globe are massively trading with CRYPTO CURRENCY.
? The World is going cashless. CRYPTO CURRENCY is the best form for such a cashless policy to be well established.
? Crypto Currency unlike paper currency always appreciates in value. One crypto currency can worth hundreds or thousands of the USD. So you see, it is worth trading with. O? ?? ??
?? WHAT IS BLOCK CHAIN TECHNOLOGY?
Based on a peer-to-peer (P2P) topology, BLOCK CHAIN is a distributed LEDGER TECHNOLOGY (DLT) that allows DATA to be stored globally on thousands of servers – while letting anyone on the NETWORK see everyone else's entries in near real-time. That makes it difficult for one user to gain control of, or game, the network.
Amazing Right? O?
MIND YOU!
WHEN YOU HEAR BLOCKCHAIN!
FORGET IT!
IT CANNOT CRASH OR GET HACKED
NOT EVEN THE CREATOR CAN DO ANYTHING ON IT AGAIN??
?? WHAT IS ETHEREUM?
ETHEREUM is a CRYPTO CURRENCY. The world has gone digital and just like we have physical currencies like the NAIRA and DOLLARS, we also have series of digital Currencies called CRYPTO CURRENCIES. E.G Bitcoin, Ethereum, Litecoin, Dashcoin, Gram etc...
ETHEREUM is the World's second largest and most valuable cryptocurrency. Bitcoin ranking first and Ethereum second!
WHAT DO I MEAN BY THIS?
1 Bitcoin is over $9000
1 Ethereum is over $300
That means if you can accumulate one Bitcoin or one Ethereum, then it is truly worth it.
? All smart contracts hang on Ethereum.
Amazing Right? ????O?O?
?? HOW DO I GET ENOUGH ETHEREUM INTO MY WALLET?
You can buy ethereum from any Company like
Luno, Roqqu, Coin base etc and fund your ethereum wallet inside any of the wallet app you're using in your Mobile Device.
NOW THE BIG QUESTION IS, HOW DO I GET TO ENJOY ENOUGH ETHEREUM?
This is achievable in two ways.
(1) It is either you, after funding your ethereum wallet, leave the money there and allow it to grow in value as ethereum keeps increasing in value
OR
(2) Or use the money in the already funded ethereum wallet to trade in a SMART CONTRACT BUSINESS and make much more ethereum within a short period of time and with less stress.
NB: SMART CONTRACT BUSINESS, offers you the kind of ethereum that ordinarily you wouldn't get when you merely fund your wallet and leave it to appreciate overtime.
NOW WHAT IS A SMART CONTRACT?
As we proceed with the seminar presentations, you will understand it better. O?
?? WHAT IS A SMART CONTRACT?
A SMART CONTRACT is a set of codes that is deployed into the Block Chain to SELF OPERATE.
?It is ??secured and functional.
?It cannot be manipulated even by its programmers and does not need an Admin to carry out its function. Amazing right? O?
