What is Cryptocurrency? Basic Information and all Facts about Cryptocurrency.

All About Cryptocurrency

Today, be it every social media platform or news channel, there must have been mention of cryptocurrency in your office or in the conversations of friends.

Cryptocurrency Crypto-coins, crypto, or coin is a digital currency that is used as a medium of transaction through a computer network.

There is no need to rely on any central authority, such as a government or a bank, to use cryptocurrencies.

For easy understanding, you can also call it a digital currency. Through this you can buy goods or services like dollars or rupees.

One of the most famous cryptocurrencies in the world today is "Bitcoin", so many people know the cryptocurrency by the name bitcoin.

Cryptocurrencies run through the blockchain, which is considered to be the most secure. Hacking this system is very difficult.

One important point, cryptocurrencies are not a medium of paper currency or coins like dollars or rupees.

The legitimacy of each cryptocurrency coins is provided through the blockchain; The blockchain is a digital ledger.

Cryptocurrency coins or currency, which is completely digital currency, it is generated (generated), this process is called mining.

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