Cryptocurrencies are digital currencies that use cryptography to secure transactions and control the creation of new units. They generally operate on decentralized networks, often based on blockchain technology, which allows data to be stored transparently, immutably, and without a central authority.
Here are some key points to know :
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🔑 Main characteristics :
Decentralization : No central bank or authority controlling the issuance or circulation.
Security : Transactions are encrypted and validated by miners or validators.
Transparency : All transactions are publicly recorded on the blockchain.
Global access : Anyone with an internet connection can own and use them.
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💰 Examples of cryptocurrencies :
$Bitcoin (BTC) : The first and most well-known, often seen as a store of value.
$Ethereum (ETH) : Known for its smart contracts.
$BNB (Binance Coin) : Used within the Binance ecosystem.
$Solana (SOL), Avalanche (AVAX), Cardano (ADA) : Other blockchains with decentralized applications.
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