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MoreBack to News Headlines
Crypto Concepts And Jargons Demystified By A 'Curious Beginner'

Crypto Concepts And Jargons Demystified By A 'Curious Beginner'

NDTV
Tuesday, October 5, 2021 2:52 AM GMT

Reddit Product Lead Peter Yang, in his blogpost 'The Curious Beginner's Guide to Crypto' said "It's often easier to learn from a curious beginner than an expert who speaks in jargon"

Crypto or digital currencies' exponential growth stories are very common among the young investors these days, though a few actually understand how the cryptocurrency world functions. Today, there's a very strong aspiration in youngsters around the world to know the crypto process quickly so that they can start minting -- or in this case 'mining' -- money as soon as they can. Consequently, they turn to the internet for answers. New to web 3 and want someone to "explain like I'm five" how crypto works?I've written a single post that breaks down:1. Web 32. Blockchain (wallets and keys, proof of work vs. stake)3. Tokens4. Bitcoin5. Ethereum6. NFTs7. DAOsLet's dive in...https://t.co/BzyKGUbbMy

But, searching on the web doesn't always help to get the basics right about crypto functioning. Also, watching expert videos and taking cues from analysts may not be helpful sometimes.

So, what could be the possible way out? Reddit Product Lead Peter Yang, in his blogpost 'The Curious Beginner's Guide to Crypto', gave an simple answer: "It's often easier to learn from a curious beginner than an expert who speaks in jargon." His blog goes by the name, "Creator Economy".

Read full story on NDTV
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