Most QR codes today contain information about a website URL (uniform resource locator), URI (uniform resource identifier), address, email, etc. QR codes are simply machine-readable labels via optical scanning which contains information about just about anything you want. These matrix type barcodes were created in Japan back in 1994 for the Japanese automotive industry. The data read in these patterns are present horizontal and vertically. These codes can be read by devices such as a camera. QR codes (quick response codes) are static images made up of squares that are arranged inside a square grid usually on a white background for better contrast when scanning. It must be "mined" via mathematical means.īitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. The amazing math behind crypto is also how it controls the creation of new crypto tokens or coins like Bitcoin for example.īitcoins are like digital gold in many ways and just like gold it requires work to "extract" and cannot be created. Crypto is shot for cryptography and is how it secures and verifies transactions. What is a cryptocurrency?Ĭryptocurrencies are virtual or digital currencies designed to work as a decentralized medium of exchange. We also want to give you a short description of what a QR code is and how it relates to crypto.įor the more experienced crypto user we have a quick start guide below on how to use and integrate our Bitcoin QR code generator API. For those of you who are new to the crypto space we want to give you a brief explanation of what cryptocurrencies are.
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