Over 1300 cryptocurrencies right now, a total market cap of over 300 billion USD, with bitcoin dominance at 55%

Over 1300 cryptocurrencies right now, a total market cap of over 300 billion USD, with bitcoin dominance at 55%
Blockchain – A digital ledger maintaining records of transactions
Cryptocurrency – A digital asset designed to work as a medium of exchange
Bitcoin – The first and most popular decentralized cryptocurrency
Satoshi – Unit of measurement of a bitcoin (1 Satoshi = 0.00000001 bitcoin)
Mining – Process by which transactions are verified and added to the public ledger(blockchain), and also the means through which new bitcoins are released(as reward for verification)
 Altcoins (Alternative coins) - Other cryptocurrencies
 ICO (Initial coin offering) – Similar to an IPO, a cryptocurrency can enter the market through an ICO

There are over 1,300 cryptocurrencies right now, a total market cap of over 300 billion USD, with bitcoin dominance at 55%

Indian crypto wallets / Exchanges undertake self-regulation - asking users for PAN / Aadhar, and linking the wallet to user’s bank account



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