#IsraelIranConflict Crypto (short for cryptocurrency) is a type of digital or virtual money that uses cryptography for security. It operates without a central authority like a bank or government — instead, it's powered by blockchain technology, which is a public, decentralized ledger of all transactions.
Here’s a simple breakdown:
🔑 Key Features:
Decentralized: No central bank controls it.
Secure: Uses encryption to protect transactions.
Transparent: Every transaction is recorded on a public ledger (the blockchain).
Borderless: Can be sent or received anywhere in the world.
💰 Popular Cryptos:
Bitcoin (BTC) – The first and most well-known cryptocurrency.
Ethereum (ETH) – Known for smart contracts and powering Web3 apps.
Solana (SOL), Binance Coin (BNB), XRP, and many more.
🧠 What You Can Do with Crypto:
Invest or trade
Buy goods or services
Play blockchain games
Join decentralized apps (dApps)
Send money globally
Want a deeper explanation or how to get started with crypto?