What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrency operates on a decentralized technology called blockchain. This means no single entity controls the currency, making it resistant to government interference and censorship.

How Cryptocurrency Works

Blockchain:

A distributed, public ledger recording all transactions.

Cryptography:

Secures transactions and controls the creation of new units.

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