November 21, 2023
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1 minutes of reading
Cryptocurrency
A digital or virtual form of money based on blockchain technology and cryptography. It is a type of decentralized digital currency that uses cryptography to secure transactions and control the creation of new units. Cryptocurrencies operate on decentralized networks, such as blockchain, and provide the ability to conduct secure and anonymous financial transactions in a digital format. Each cryptocurrency may have its own characteristics, mining or consensus rules, making them diverse and unique means of exchange and storage of value.