network_stuff:cryptocurrencies
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- Blockchain : A blockchain is an immutable digital ledger that records every single transaction ever made.
- Blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
- Layer 1 and layer 2: Refer to two distinct methods of designing blockchains. While some blockchains can operate independently, others are built on top of existing blockchains to add functionality. See Link
Currencies
Blockchain helps to solve double-spending problem without the need of a trusted authority or central server.
- Bitcoin : Asset of value that can be interchanged securely without 3rd party. It was designed as a digital alternative to traditional currencies, aiming to provide a decentralized method of transferring value. Bitcoin transactions are verified by a network of nodes through cryptography and recorded on a public ledger called a blockchain.
- Ethereum : While it is a cryptocurrency, is designed to be a platform that allows peer-to-peer contracts and applications to be built and run without any control, permission, or interference from third parties.
Agents
- Institutions (banks) do Asset Management. Also invest on your behalf with their strategies
Exchanges
- Binance (asia, like many of them)
- Coinbase
- …
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