How Cryptocurrencies and the Block Chain Work

How cryptocurrencies and the blog chain work

Confession: I've never been the least interested in Bitcoins or other cryptocurrencies... That is, until I joined Steemit.

Then I heard that it used the "block chain" (what is that?) and that instead of using computer power to "mine" cryptocurrencies, it used brain power.

I still don't understand that last part, but now, at least, I finally begin to understand cryptocurrencies. And I think I got the block chain, too. All thanks to a video I discovered today.

I hope it will be helpful for you too, if you (like me) didn't understand what it was all about.

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