Before you hand over your money to a crypto exchange, be sure that it’s legitimate and has safeguards wallstreethack.com in place, like reporting to the SEC. This ledger, which records all of a particular cryptocurrency’s account balances and transactions, is known as the blockchain. While the ledger is public, making it difficult for anyone to cheat the system by surreptitiously creating new coins, the accounts are anonymous offering the secrecy crypto investors crave. Blockchain is the underlying technology used to create cryptocurrencies. While traditional money is created by governments and managed by banks, cryptocurrency aims to do without these authorities. It’s important to know the pros and cons of cryptocurrency before you decide if it’s a good investment for your portfolio.