Posted August 03, 2018
Gekko_Dekko: it wont be THAT simple, but I will try.
The difference between real money and bunch of papers is something behind them. Natural resources, promises (well, sort of) and so on.
Cryptocurrency is the same money, yet something that makes them worthy isnt anything from list above, but mathematical formulas (hashes). Amount of hashes is limited and, to count ("mine") them, you will need to spend some time, electricity and pc's resources. So - its pretty fair.
Cryptominer (in context) is a software, that use third party PCs to "mine" these hashes. Since cryptocurrency can be exchanged to green presidents - authors of such software get decent amount of profit. And, coz it does its work without asking PC's owner about it - its a malware
Thank you very much for your detailed reply. At least it gave me the basic idea and constructed the skeleton of the subject.The difference between real money and bunch of papers is something behind them. Natural resources, promises (well, sort of) and so on.
Cryptocurrency is the same money, yet something that makes them worthy isnt anything from list above, but mathematical formulas (hashes). Amount of hashes is limited and, to count ("mine") them, you will need to spend some time, electricity and pc's resources. So - its pretty fair.
Cryptominer (in context) is a software, that use third party PCs to "mine" these hashes. Since cryptocurrency can be exchanged to green presidents - authors of such software get decent amount of profit. And, coz it does its work without asking PC's owner about it - its a malware