Cryptocurrency (Crypto)

6 months ago
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Cryptocurrency is a digital currency that operates on a computer network without a central authority like a bank or government. It operates on decentralized networks, typically blockchain technology, which records all transactions across numerous computers.
This decentralized nature means no single institution or government controls it. Transactions are transparent, pseudonymous, and secure due to cryptographic methods.
Examples include Bitcoin, Solana, Ethereum, and many others, each with its own protocol and uses. Centralized examples include CBDC's, stablecoins like Tether or USDC, and other altcoins.

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