What is Cryptocurrency?



Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional money, cryptocurrencies operate on decentralized networks based on blockchain technology—a public ledger that records all transactions. Bitcoin, created in 2009, was the first cryptocurrency and remains the most well-known. Today, there are thousands of different cryptocurrencies, each with unique features and purposes. People use them for investing, online purchases, and even fundraising. As the world becomes more digital, cryptocurrency continues to shape the future of finance.
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