Monday, October 13, 2025
Distribution: (800) 510 0384
Washington DC
New York
Toronto
Press ID  
  • Login
The Hudson Weekly
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
The Hudson Weekly
No Result
View All Result

The Beginner’s Guide to Cryptocurrency

Craig Richer by Craig Richer
July 3, 2021
in Blockchain
A A
Share on FacebookShare on Twitter

It’s hard to go two swipes on Twitter without seeing a billion mentions of cryptocurrency. Bitcoin may not go to the moon, but confusion around blockchain technology, DeFi, and Web 3.0 certainly has.

But understanding cryptocurrency is more than a party trick. It’s a necessity for understanding the future of art, banking, and every other industry on the planet.

HudsonNewsroom

Brief Introduction to BananaBotcrypto

8 Digital Collectibles and What They Mean for Online Commerce

Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge

This guide is a bite-sized introduction to the world of cryptocurrency

  • What Is Cryptocurrency and How Does It Work?
  • Why Is It so Important?
  • How Do You Use Cryptocurrency?

What is Cryptocurrency? How Does it Work?

Since the world first met Bitcoin, thousands of cryptocurrencies have been born. But at its core…

A cryptocurrency is a decentralized digital currency that uses cryptography to securely verify transactions.

Like a national currency, cryptocurrencies can be used to buy and sell things: they’re money. Except instead of a central government saying it’s a legitimate way of making payments, buyers, and sellers (users of the cryptocurrency) agree upon that between themselves.

A single authority can’t keep track of every payment made with the cryptocurrency: it isn’t centralized. That’s where the ‘crypto’ comes in. Cryptography is used to encode data so that unauthorized parties can’t read or alter them.

Cryptocurrency transactions are recorded on a blockchain. This is a public database of transaction records (aka a ledger) that is maintained on a wide network of different computers. These records are encrypted with complex algorithms, which allows for two things:

  • Verification. Transactions are public records, so everyone can verify them. (The coin owners’ identities are encrypted and anonymous).
  • Security. Since the ledger is so widely distributed, manipulating the data is impossible.

Why Is Cryptocurrency so Important?

  • Removing third parties. By sidestepping a central authority like a bank or credit card company, you can quickly send cash online for a fraction of the price. Even internationally!
  • Free for all. To get access to financial systems, you need lots of paperwork and documentation. But Bitcoin, Ethereum, Dogecoin? Available to anybody. Cryptocurrency levels the playing field for everyone.
  • Revolutionizing industries. Supply chains can be more efficient by using pipeline-specific coins. Artists can monetize their creations by minting cryptocurrency tokens. Crypto is even taking cybersecurity to new heights.

How to Use Cryptocurrencies

Cryptocurrencies are all different. Bitcoin is a store of value, Ethereum is more like everyday money. Coins like $XIASI reward community members by distributing revenue from transaction fees.

Whichever one you pick, research is important. Cryptocurrency market resources like CoinMarketCap provide details about coin prices, volume, and (you guessed it) market cap. Exchanges like Coinbase, Binance, and PancakeSwap will help expose you to the cryptocurrency market and different tokens.

The Future of Crypto

Currencies are becoming communities. Despite the media noise around cryptocurrencies, community-powered coins are doing extraordinary things.

Rally.io empowers digital creators to mint their own personal cryptocurrency. The $XIASI coin uses an anti-pump-and-dump protocol to protect the coin’s value for community members. They also plan to mobilize the community to raise funds for charities and build a platform for people to fund charitable causes online.

The future of crypto? It’s leveraging communities to create positive change.

Craig Richer

Craig Richer

Newsroom Editor

More from HW Newsdesk

Brief Introduction to BananaBotcrypto
Blockchain

Brief Introduction to BananaBotcrypto

October 7, 2025
8 Digital Collectibles and What They Mean for Online Commerce
Blockchain

8 Digital Collectibles and What They Mean for Online Commerce

September 22, 2025
Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge
Blockchain

Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge

September 11, 2025

HW Newsroom

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York
Health

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York

by Emily Manifold
October 8, 2025

In a world increasingly disconnected from its inner rhythm, Hezi Badnany is helping people remember their natural harmony. As the...

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

October 8, 2025
How to Sell a Business Without Regrets: Avoid These Common Mistakes

Why Website Design and SEO Must Work Together

October 7, 2025
Exploring the World of Live Casino Gaming

All About Golden Crown Casino for Australian Players: A Detailed Guide

October 7, 2025
Brief Introduction to BananaBotcrypto

Brief Introduction to BananaBotcrypto

October 7, 2025
Gulf Coast Western Reviews Show Consistent Partner Retention Through Transparent Energy Investment Approach

Gulf Coast Western Reviews Show Consistent Partner Retention Through Transparent Energy Investment Approach

October 6, 2025
Top 10 Book Ghostwriting Services

Top 10 Book Ghostwriting Services

October 5, 2025
Special Occasion Dresses That Steal the Spotlight

Special Occasion Dresses That Steal the Spotlight

October 4, 2025
The Difference Between Car and Truck Accident Claims

The Difference Between Car and Truck Accident Claims

October 3, 2025
The Naginata: From Samurai Battlefield to Women's Art

The Naginata: From Samurai Battlefield to Women’s Art

October 2, 2025
The ABCs of Live Casinos: How to Approach Them Like a Savant

The ABCs of Live Casinos: How to Approach Them Like a Savant

October 2, 2025
Kelsi Mayne Solidifies Her Spot as Country’s Next Big Thing With ‘Someone Who Knows’

Kelsi Mayne Solidifies Her Spot as Country’s Next Big Thing With ‘Someone Who Knows’

October 1, 2025
No Result
View All Result

Headlines

Common Problems in Flender Gearboxes and How to Diagnose Them

The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

IP Protection for MVPs and Early-Stage Products

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

Why Website Design and SEO Must Work Together

Trending

Booz Demands His Due - A Gritty Look Inside ‘What About Booz?’
Entertainment

Booz Demands His Due – A Gritty Look Inside ‘What About Booz?’

by Dennis Keller
October 10, 2025

Minimal frills, maximum honesty. Amid all the noise and larger-than-life personas in hip-hop, recording artist Booz steps...

The Architect of AI's New Language: A Conversation With Boris Kriuk

The Architect of AI’s New Language: A Conversation With Boris Kriuk

October 10, 2025
Common Problems in Flender Gearboxes and How to Diagnose Them

Common Problems in Flender Gearboxes and How to Diagnose Them

October 9, 2025
The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

October 9, 2025
IP Protection for MVPs and Early-Stage Products

IP Protection for MVPs and Early-Stage Products

October 8, 2025
  • Booz Demands His Due – A Gritty Look Inside ‘What About Booz?’

https://hudsonweekly.com/booz-demands-his-due-a-gritty-look-inside-what-about-booz/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #music #newmusic
  • The Architect of AI’s New Language: A Conversation With Boris Kriuk

https://hudsonweekly.com/the-architect-of-ais-new-language-a-conversation-with-boris-kriuk/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #ai #tech
  • Overflow Expands Tap-to-Give Feature With More Flexible NFC Engagement for Churches

https://marketsherald.com/overflow-expands-tap-to-give-feature-with-more-flexible-nfc-engagement-for-churches/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #church #donation
  • Sensi.AI Secures $45 Million Series C Funding to Drive Care Innovation for Seniors

https://lincolncitizen.com/sensi-ai-secures-45-million-series-c-funding-to-drive-care-innovation-for-seniors/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • AMC Health Appoints Alan Petrazzi as Executive VP of Government Division to Drive Telehealth Innovations

https://lincolncitizen.com/amc-health-appoints-alan-petrazzi-as-executive-vp-of-government-division-to-drive-telehealth-innovations/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #telehealth #health
  • CareChoice Wins Outstanding Growth Award for Excellence in Home Care Services

https://belmontstar.com/carechoice-wins-outstanding-growth-award-for-excellence-in-home-care-services/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • BP Defence Launches Bullet-Resistant Backpacks for Enhanced Student Safety

https://belmontstar.com/bp-defence-launches-bullet-resistant-backpacks-for-enhanced-student-safety/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #backback #bulletproof
  • NexCore Group Breaks Ground on Two Innovative Senior Living Communities in Denver and North Bethesda

https://fairmontpost.com/nexcore-group-breaks-ground-on-two-innovative-senior-living-communities-in-denver-and-north-bethesda/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost

© 2025 The Hudson Weekly. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • Fairmont Post

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Removals: pr@hudsonweekly.com. Phone: (718) 313-5252. M-F: 9AM-5PM. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity

© 2025. The Hudson Weekly