FAQ : Definitions and Functioning
Most frequently asked questions
How do crypto-assets work?
Cryptocurrencies are forms of value that exist in the digital world. They are based on cryptography, a mathematical science that makes transactions secure and limits the risk of unauthorised access. However, it is important to note that despite these security measures, challenges remain, including the potential risk of cryptojacking and [...]
What is cryptocurrency mining?
Cryptocurrency mining is the process by which new transactions are added to the blockchain, the technology that underpins cryptocurrencies. This mining process is a bit like panning for gold in a mine, but in the digital age. The term mining was chosen in reference to the similarity of extracting resources [...]
What is blockchain?
Blockchain is a technology for storing and transmitting information. It is a complete database, containing the entire history of exchanges between users since its creation. Each block is a list of transactions containing a cryptographic fingerprint of the previous block, creating a continuous chain of chronologically linked blocks. The blockchain [...]
How does blockchain technology work?
Blockchain technology records data in a decentralised and transparent way, using a computer protocol organised by consensus into a chain of blocks. The blockchain is like a large shared ledger.
Popularised by crypto-currencies (crypto-assets or digital assets) such as Bitcoin, it works through a mechanism called "mining", carried out by miners. [...]
What is cryptocurrency?
Cryptocurrency, also known as crypto, cryptoassets or digital assets, is a form of "virtual currency". However, a crypto-asset is not a currency from a legal point of view. It is a new financial system based on blockchain technology that enables secure, decentralised electronic transactions. These digital assets use cryptography to [...]
Definitions and Functioning
How does blockchain technology work?
Blockchain technology records data in a decentralised and transparent way, using a computer protocol organised by consensus into a chain of blocks. The blockchain is like a large shared ledger.
Popularised by crypto-currencies (crypto-assets or digital assets) such as Bitcoin, it works through a mechanism called "mining", carried out by miners. [...]
How do crypto-assets work?
Cryptocurrencies are forms of value that exist in the digital world. They are based on cryptography, a mathematical science that makes transactions secure and limits the risk of unauthorised access. However, it is important to note that despite these security measures, challenges remain, including the potential risk of cryptojacking and [...]
What is cryptocurrency mining?
Cryptocurrency mining is the process by which new transactions are added to the blockchain, the technology that underpins cryptocurrencies. This mining process is a bit like panning for gold in a mine, but in the digital age. The term mining was chosen in reference to the similarity of extracting resources [...]
What is blockchain?
Blockchain is a technology for storing and transmitting information. It is a complete database, containing the entire history of exchanges between users since its creation. Each block is a list of transactions containing a cryptographic fingerprint of the previous block, creating a continuous chain of chronologically linked blocks. The blockchain [...]
What is cryptocurrency?
Cryptocurrency, also known as crypto, cryptoassets or digital assets, is a form of "virtual currency". However, a crypto-asset is not a currency from a legal point of view. It is a new financial system based on blockchain technology that enables secure, decentralised electronic transactions. These digital assets use cryptography to [...]