Cryptocurrency.A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
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"Education should be forward-looking and reflective of the realities of the world that we live in today" - Filippo Yacob
Why learn about cryptocurrency ?
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Will students understand cryptocurency ?Children as young as age 5 are beginning to encounter digital games that require online payment through credit/debit cards or gift cards. They are also well-aware of in-game tokens that are of the same value as real money. Teaching them about cryptocurrency will require some scaffolding from parents through Pigzbe games and simulations to help children understand what cryptocurrency is and how to use it safely.
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an example of why you should invest time in learning about cryptocurreny before making hastily decisions
What is Blockchain ?
Blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Since the World Wide Web started in 1990, it consisted of static pages. Nowadays, there is an increase of user interface design and user activities with a demand for a more powerful network to protect information from hackers. Blockchain technology was introduced in 1990 by Stuart Haber and W. Scott Stornetta to achieve these goals:
How it works :
A blockchain is simply a chain of blocks that contains information. Each block has a cryptographic hash of the previous block, a timestamp, and transaction data. Blockchain technology is an open distributed ledger that can record transactions of two parties securely and efficiently.
- High scalability
- Interoperability
- Sustainability
- Privacy
- Governance
How it works :
A blockchain is simply a chain of blocks that contains information. Each block has a cryptographic hash of the previous block, a timestamp, and transaction data. Blockchain technology is an open distributed ledger that can record transactions of two parties securely and efficiently.