What is FIAT currency?

What is FIAT currency?

Fiat currency or (fiat money) is currency that is issued by governments and central banks and is not backed by a precious commodity, such as gold or silver. Instead of this, the government or central bank that issued it is backing it up. The term fiat derives from the...
What is mining and mining algorithm?

What is mining and mining algorithm?

In the Cryptocurrency world, the block reward (or mining reward) is the number of coins that are given as reward to those who found the next block, by solving a mathematical puzzle. The whole procedure of finding the next block in a cryptocurrency blockchain, is...
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