☘️ Today is the first episode of our new cryptocurrency show "The Crypto Rednecks" with @satoshisean? We're determined to fine those crypto gems out there! We are going to be looking high and look. This week, we are looking at VETTER! ? Remember to subscribe and hit the bell "?" icon! Your support means everything to us! ? ?Social Media Links? Remember to subscribe and hit the bell "?" icon! Follow our social media accounts below.? ? Telegram Group: https://t.me/KIFSCryptoChat ?Twitter: https://twitter.com/KIFSCrypto ?Discord: https://discord.gg/S7cnrKubux ✨Instagram: https://www.instagram.com/kifscrypto/ ? Website http://KifsCrypto.com/ ?Facebook Group: https://www.facebook.com/KIFSCrypto Be aware. All enquiries via Telegram. My ONLY username on Telegram is https://t.me/KifsCrypto Anything else is NOT me! #Metaverse #Crypto #Bitcoin #CryptoGems Cryptocurrency and Bitcoin: A 500-Word Explanation Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by governments and central banks, cryptocurrencies operate on decentralized technology called blockchain. Bitcoin, created by an anonymous person or group of people using the pseudonym Satoshi Nakamoto in 2009, was the first cryptocurrency and remains the most well-known and widely used. **How Cryptocurrency Works:** Cryptocurrencies work on a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across a network of computers. This ledger is immutable, meaning once data is recorded, it cannot be altered or deleted. Transactions are grouped into blocks, and these blocks are linked together in chronological order, forming a chain—hence the term "blockchain." **Key Features of Cryptocurrency:** 1. **Decentralization:** Unlike traditional currencies controlled by central authorities, cryptocurrencies are decentralized. No single entity has control over the entire network. Instead, transactions are validated and added to the blockchain by a network of computers, or nodes, through a process called mining. 2. **Cryptography:** Cryptocurrencies rely on cryptographic techniques to secure transactions and control the creation of new units. Public and private keys are used to authenticate users and sign transactions, ensuring security and privacy. 3. **Limited Supply:** Many cryptocurrencies, including Bitcoin, have a fixed supply. For instance, there will only ever be 21 million Bitcoins in existence, making them resistant to inflation. 4. **Pseudonymity:** While transactions are recorded on the blockchain, users are represented by pseudonymous addresses, providing a level of privacy. However, it's essential to note that transactions are not entirely anonymous, as blockchain analysis can sometimes reveal the identities of users. 5. **Global Accessibility:** Cryptocurrencies are accessible to anyone with an internet connection, making them a borderless form of money. This accessibility has the potential to empower people in regions with limited access to traditional banking services. **How Bitcoin Works:** Bitcoin operates on the same principles as other cryptocurrencies but with some unique characteristics: 1. **Mining:** Mining is the process by which new Bitcoins are created and transactions are validated. Miners use powerful computers to solve complex mathematical puzzles, and the first one to solve it gets to add a new block of transactions to the blockchain and is rewarded with newly created Bitcoins. 2. **Halving:** Approximately every four years, the reward given to miners for adding a new block is halved, a process known as the "halving." This feature is designed to gradually reduce the rate at which new Bitcoins are created, ensuring scarcity. 3. **Peer-to-Peer Transactions:** Bitcoin transactions occur directly between users without the need for intermediaries like banks. These transactions are recorded on the blockchain and are irreversible once confirmed. 4. **Security:** Bitcoin's security relies on its decentralized nature, cryptographic techniques, and the enormous computational power required to compromise the network. It has a track record of being highly secure since its inception. In conclusion, cryptocurrency, with Bitcoin as its pioneer, is a digital form of money that operates on decentralized blockchain technology. It offers security, decentralization, limited supply, and global accessibility, revolutionizing the way we think about money and financial transactions. However, it also comes with risks and challenges, including price volatility and regulatory concerns, that continue to evolve as the cryptocurrency ecosystem matures. ... https://www.youtube.com/watch?v=hvI3acHI1ks

Welcome to our new show! Every day we bring you the latest Crypto Daily News This is your daily dose of all things crypto! From the latest in Bitcoin prices to the next "Moon" project! Don't forget to comment your wallet address below for our Weekend giveaway! Plus sign up for our SnapEX trading competition here: https://t.co/BnS1wjgwnZ?amp=1 Join us daily, for crypto news, giveaways, Sean's rant and general crypto chat! ? Remember to subscribe and hit the bell "?" icon! Your support means everything to us! ? ☻☻Social Media Links☻☻ You can check us out on: ►Telegram: https://t.me/KIFSTradingChat ►Twitter: https://twitter.com/KIFSCrypto ►Our Facebook page: https://www.facebook.com/KIFSCrypto ►Instagram: https://www.instagram.com/kifscrypto/ ►Discord: https://discord.gg/UqPfGCe #Crypto #CryptocurrencyNews #Bitcoin Your Support is greatly appreciated: ETH 0x0271B94707F0bA5a5b59cD99cDD6BC7525B682a0 Amazon Wish list. Channel Upgrades https://www.amazon.co.uk/hz/wishlist/... What is eXchangily: eXchangily is a new decentralized exchange model built on the prominent Fast Access Blockchain. It carries the best of a centralized exchange, namely the speed and ease of use, with all the security benefits of a decentralized exchange. Users retain control over their funds, their private keys, and their transaction information is transparent and secure. Individuals can trade, and enterprises can transact on eXchangily with ERC20 tokens and other cryptocurrencies. It is a fully democratic and autonomous platform. You can check us out on: Website: https://exchangily.com/ What is The Divi Project: Taken from the official website "Everything we do has one goal in mind: to make popular cryptocurrencies easier to use so that both people and businesses will adopt them in mass. Cryptos have the power to revolutionize the way we use money, and within several years will be part of the daily life of billions of ordinary people for day-to-day transactions. This can’t happen the way they are now: slow, expensive fees, impossible to understand, and easy to make a mistake and lose money. Divi’s user-friendly Smart Wallet™ and blockchain make transactions faster, less expensive, easier, safe to use, and with a special focus on eliminating user error. The Divi network is powered by MOCCI™, our revolutionary one-click masternode installer. It’s the first to allow anyone, without technical knowledge, to easily join our masternode network and earn crypto from a home computer or with their phone." What is Bitcoin? Bitcoin is the first ever cryptocurrency created using blockchain technology. The concept of Bitcoin was originally proposed by Satoshi Nakamoto in 2009 as a decentralized peer-to-peer digital currency based on the SHA-256 p ... https://www.youtube.com/watch?v=ykUwXeT_laY