- PROJECT HELP
Virtual currencies offer numerous benefits over more traditional currencies. Being decentralized, they are less susceptible to online fraud. As digital currencies, they also afford security from physical world currency issues such as theft or loss.
A virtual currrency expert explores the key role that miners play in supporting a virtual currency in part 2 of a two-part series.
A virtual currency expert explains the elements of virtual currency, including a peer-to-peer network, a content delivery system, cryptographic hashing, digital signatures and transferring value on the network. These elements are the basis for an anonymous system for exchanging money and information.