#BSCProjectSpotlight "Crypto" is short for cryptocurrency, which is a type of digital or virtual currency that uses cryptography for security. Unlike traditional money issued by governments (like dollars or euros), cryptocurrencies operate on decentralized networks based on blockchain technology.
Key Features of Crypto:
Decentralized – No central authority (like a bank) controls it.
Blockchain-based – Transactions are recorded on a public ledger.
Secure & Transparent – Uses cryptography to ensure security.
Limited Supply – Many cryptos have a fixed supply (e.g., Bitcoin has a max of 21 million coins).
Pseudonymous – Transactions are not tied to real-world identities.
**