#bitcoin explained in a very simple way
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How the blockchain is changing money and business

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What is Blockchain? An easy explanation for Crypto Beginners

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How does a blockchain work?

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Explain BITCOIN to Complete Beginners

TIMESTAMPS -
0:00 Intro
0:42 Digital Cash
3:38 Software
9:15 Nodes and Miners
13:08 Public Key Encryption
17:41 Custody
19:12 Conclusion

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The Basics of Cryptocurrency for Beginners

Interested in cryptocurrency? This beginner-friendly guide explains the fundamentals of digital currencies such as #bitcoin and #ethereum , how blockchain technology works, and how you can get started. From creating a wallet to understanding market trends, this video covers everything!

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0x Protocol

The 0x Protocol is a decentralized exchange (DEX) infrastructure that enables the peer-to-peer trading of cryptocurrencies and tokens on the Ethereum blockchain and other Ethereum-compatible networks.

Developed by 0x Labs, 0x Protocol uses smart contracts to execute trades, offering a low-cost and secure alternative to traditional centralized exchanges.

How does 0x protocol work?
- Order creation: A user creates an order specifying the token they want to trade, the amount, and their price requirements.
- Order relay: The order is shared off-chain via relayers or directly with a counterparty.
- Order matching: A relayer matches the order with a suitable counterparty or provides an order book for users to select from.
- On-chain settlement: Once both parties agree on the trade, the order is executed on-chain using the 0x smart contracts, ensuring security and transparency.

Use cases of #0xprotocol
- Decentralized Exchanges (DEXs): Enables the creation of DEX platforms with custom features and order books.
- DeFi applications: Integrated into lending, borrowing, and other DeFi platforms to facilitate token swaps.
- NFT marketplaces: Supports ERC-721 tokens, enabling decentralized trading of non-fungible assets.

0x token (ZRX)
- Governance: ZRX holders vote on protocol upgrades and governance decisions, contributing to 0x’s decentralized development.
- Staking: ZRX can be staked to earn rewards, particularly from trading fees generated on the network.
- Utility: Used to pay fees for services provided by relayers within the 0x ecosystem.
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