$ETH Understanding Cryptocurrency (120 Words)

Cryptocurrency is a form of digital money secured by cryptography, making it difficult to counterfeit or double-spend. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks using blockchain technology—a transparent, distributed ledger that records transactions. Bitcoin, introduced in 2009, was the first and remains the most well-known. Since then, thousands of others, like Ethereum, Solana, and Binance Coin, have emerged. Cryptocurrencies enable fast, global, peer-to-peer transactions and are widely used for trading and investment. However, they are highly volatile and operate in a largely unregulated space, which carries risks. Despite skepticism, crypto continues to gain traction, influencing how people think about money and finance. Its evolving role may significantly impact future global economic systems$ETH