#CryptoClarityAct Crypto (Cryptocurrency) is a type of digital currency that can be transacted over the internet. It is not controlled by any government or bank but is instead managed through a secure technology called Blockchain.
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đ Some important points:
â 1. What is Blockchain?
A digital ledger where records of each transaction are securely kept.
â 2. Bitcoin:
Started in 2009.
The first and most popular cryptocurrency.
â 3. Alternative coins (Altcoins):
All coins other than Bitcoin such as Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), etc.
â 4. Uses:
Online payments
Investments
NFT (NFT) purchases