Hey there! 🙃 Do you know what are the main differences between fiat money and cryptocurrency? Let us go over each of them to have a quick refresher of crypto vs fiat👇 :

👉 tangible vs intangible

👉 created by decentralised computing vs issued by a government

👉 governed by majority rules vs governed by a central bank

👉 international transaction takes minutes vs local and international transactions may take days

👉 no intermediary included vs each transaction needs a bank or payment provider

Have any additional differences you would like to add? 😊

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Hi there! Let us remind you what Proof of Work (or PoW) means! 🧠👇

This is a popular consensus mechanism in the crypto industry. It is used to verify and validate transactions on the blockchain also popularly known as crypto mining. Bitcoin and Bitcoin Vault use this method.

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