#CryptoTariffDrop Cryptocurrency, or "crypto," is a digital or virtual currency that uses cryptography for security, operating on a decentralized network like blockchain technology, and is not controlled by a central authority like a bank or government.
Here's a more detailed explanation:
Key Characteristics:
Digital and Virtual:
Cryptocurrencies exist only in digital form, unlike traditional currencies that have physical forms like cash or coins.
Decentralized:
They operate on a decentralized network, meaning no single entity controls the system or transactions