Cryptocurrency is a decentralized digital asset secured by blockchain technology. It enables peer-to-peer transactions without intermediaries like banks. Bitcoin, created in 2009, was the first cryptocurrency, sparking the rise of thousands of others, including Ethereum, Solana, and Binance Coin. Cryptos serve various purposes, from digital payments to powering decentralized applications (dApps) and smart contracts. Volatility is high, with prices influenced by market demand, regulations, and technological advancements. While some see crypto as the future of finance, others warn of risks like security breaches and scams. Despite challenges, crypto continues evolving, driving innovation in finance, gaming, and decentralized governance.
