what is crypto?
Cryptocurrency is a digital or virtual currency that is secured using cryptography. This means it is protected against fraud and double-spending.
Key Features:
Decentralized: Most cryptocurrencies are not controlled by a single government or institution. They operate on a technology called Blockchain.
Blockchain: It’s a public ledger where all transactions are recorded and visible to everyone.
Examples: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and newer ones like Notcoin (NOT).
Why is Cryptocurrency Popular?
It allows for direct transactions without the need for banks.
It has low transaction fees for online payments and money transfers.
Some people refer to it as Digital Gold, especially Bitcoin.
Risks of Cryptocurrency:
Its price can be highly volatile (it fluctuates a lot).
Some cryptocurrency projects may turn out to be scams.
In many countries, it is not fully regulated or legally accepted yet.
CryptoMarketCapBackTo$3T
