ELI5: Explain Like I'm 5

Merk (coin)

Okay kiddo, let me tell you about Merk coins. These are digital coins that you can use to buy things over the internet. Imagine you have a piggy bank at home and you put all your coins in there, but this time it's on the computer!

When you buy a Merk coin, it's like you put money in your digital piggy bank. And just like how you can take money out of your piggy bank, you can use your Merk coins to buy digital things like games and music.

Now, here's a little secret for you: Your Merk coins are kept really safe on the computer. That's because they are stored in something called a blockchain. Think of the blockchain like a super secret toy box that only you have the key to.

So, when you use your Merk coins to buy something, the computer first checks to make sure you have enough coins in your toy box. If you do, the computer takes out the coins you need and sends them to the seller so you can get your cool new game or music!

But remember, just like with your piggy bank, be careful not to lose your Merk coins. Keep them safe and always make sure you know who you are buying things from online.