WHAT ARE CRYPTOCURRENCIESπ€ ...?
A cryptocurrency is a digital asset that uses a cryptographic encryption to guarantee its ownership, ensure the integrity of transactions, and control the creation of additional units, that is, prevent someone from making copies as we would, for example, with a photo.
These coins do not exist in physical form: they are stored in a digital wallet or purse.
Cryptocurrencies are a variety of digital currencies.
The difference between the money in your bank and cryptocurrencies is that cryptocurrencies are not regulated or controlled by conventional financial systems.
Cryptocurrency, also called virtual currency or cryptocurrency, is digital money.
That means there are no physical coins or bills - everything is online.
Cryptocurrencies can be purchased with a credit card or, in some cases, they can be obtained through a process called "mining" ...... or "staking".
Mining is about offering computational power in exchange for rewards.
The computers involved verify the transactions, providing greater security to the network and, in return, the miners receive rewards.
This mechanism is used, for example, by Bitcoin. However, it has been shown that mining involves an exaggerated use of electricity, which is why mining pollutes the planet.
For this reason AYRA cannot be mined.
On the other hand, staking consists of freezing a certain amount of cryptocurrencies in exchange for receiving a certain daily, monthly or annual reward, in the form of the same cryptocurrency.
This model also guarantees the security of the network without polluting the planet.
For this reason, Ayra uses Staking's proof of work.
At Ayra we understand that not everyone can invest.
Therefore, in addition to the staking model, we have a series of rewards for each task performed to anyone who wishes to collaborate with this project. For more information, contact us.