#FOMCMeeting Crypto (short for cryptocurrency) is a type of digital or virtual currency that uses cryptography for security. Unlike traditional money (like dollars or rupees), crypto is decentralized, meaning it’s not controlled by any central authority like a government or bank.

Here are the key features of crypto:

Blockchain Technology: Most cryptocurrencies run on a blockchain—a public, decentralized ledger that records all transactions.

Security: Cryptography ensures that transactions are secure and cannot be altered.

Decentralization: No central control; networks are maintained by a community of users (called miners or validators).

Bitcoin: The first and most well-known cryptocurrency, launched in 2009.

Other Examples: Ethereum, Solana, Dogecoin, and many more.

Would you like to know how it works or how people use it?