Understanding the Fundamentals
At its heart, cryptocurrency is a digital or virtual currency that uses cryptography for security.
It operates independently of central banks and governments, allowing for decentralized transactions and financial control.
Key Concepts to Grasp
#Blockchain: The underlying technology that powers cryptocurrencies, enabling secure and transparent record-keeping of transactions.
#Decentralization: The absence of a central authority, empowering individuals and fostering financial inclusion.
#Cryptography: The mathematical algorithms that ensure the security and integrity of crypto transactions.