Cryptocurrency

In this article, We learn about "Cryptocurrency".Let's Go!

A Cryptocurrency is a digital currency that uses blockchain and relies on cryptography to ensure security.

Many are based on public blockchain technology, which is a distributed ledger of all transactions that are decentralized and, in most cases, cannot be changed.

The nature of the blockchain means that individuals can transact directly with each other, even if they don't trust each other.

Unlike traditional currencies such as the US dollar, they are not controlled by any central government or agency.

Cryptocurrency does not require a centralized institution like a bank for transactions between individuals.

Cryptography is used to secure transactions and control the creation of additional currency units.

Bitcoin is considered the first cryptocurrency and is currently the largest and most famous of the more than 20,000 cryptocurrencies in existence on the Internet.

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