$ETH Cryptocurrency is a type of digital or virtual money that uses cryptography for security. Unlike traditional currencies (like the dollar or euro), cryptocurrencies are decentralized, meaning they aren't controlled by a government or central bank.

Here are some key features:

Blockchain Technology: Most cryptocurrencies operate on a blockchain, which is a public, digital ledger that records all transactions.

Decentralization: Instead of being managed by one central authority, control is spread across a network of computers.

Limited Supply: Many cryptocurrencies (like Bitcoin) have a cap on how many can exist, which can influence their value.

Anonymity & Transparency: Transactions are often pseudonymous, meaning you don’t have to use your real name, but the transactions themselves are visible to everyone on the blockchain.

Examples: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and many more.

Would you like a simple example of how it works?