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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