What Is Cryptocurrency and What Is It Used For?
A cryptocurrency is a form of digital currency that can be used to make payments online. It is also a way for people to store value without relying on traditional banks or governments.
Cryptocurrencies run on a technology called blockchain, which makes them decentralized. This means that transactions are recorded across a network of computers and are tamper-proof.
Form of digital currency
A cryptocurrency is a form of digital currency that does not have any legal or legitimate value. The technology that underpins it is called blockchain and the currencies are created by a process known as mining.
Cryptocurrencies are not issued by governments or banks, and they are managed by peer-to-peer networks of computers using free, open-source software. Users can purchase cryptocurrencies fr...