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a) Explain what digital money and cryptocurrencies are, and describe the main differences. b) What is a Consensus Algorithm? Explain and provide some examples. c)

a) Explain what digital money and cryptocurrencies are, and describe the main differences. 


b) What is a Consensus Algorithm? Explain and provide some examples. 


c) Discuss the potential benefits of cryptocurrencies. 


d) Discuss the potential risks of cryptocurrencies. references.

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a Digital money refers to any form of currency that exists purely in electronic form It includes traditional forms like bank deposits and electronic t... blur-text-image

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