Cryptocurrency is a form of digital money that operates on a decentralized, peer-to-peer network. Unlike traditional currencies controlled by central banks, crypto relies on a distributed public ledger called a blockchain to securely record and verify transactions. This cryptographic system ensures that transactions are transparent, immutable, and free from the need for a third-party intermediary like a bank. Popular examples include Bitcoin and Ethereum, which can be used for payments or as an investment asset.
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