Bitcoin prices slip, crypto winter’s latest victim, and the hype over Polygon: CNBC Crypto World

CNBC Television published this video item, entitled “Bitcoin prices slip, crypto winter’s latest victim, and the hype over Polygon: CNBC Crypto World” – below is their description.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s Tanaya Macheel breaks down the hype around Polygon’s layer-2 blockchain.

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Bitcoin prices slip, crypto winter’s latest victim, and the hype over Polygon: CNBC Crypto World

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: Blockchain

A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.

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A podcast is an episodic series of digital audio files that a user can download to a personal device for easy listening.

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In This Story: Polygon

Polygon (previously Matic Network) is a platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

The $MATIC token plays a role in securing the system and enabling governance.

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