Cryptocurrency Definition

What is Cryptocurrency?

Cryptocurrency, also known as “crypto”, is a digital currency backed by cryptography that makes it impossible to counterfeit, double spend, or copy the original digital network.

Many cryptocurrencies are decentralized digital network based on blockchain technology that runs on a massive global network of interlinked computers.

Advertisement

The defining factor behind cryptocurrencies is that they are not issued by any government or central bank authority, which gives crypto holders true autonomy over their money.

Advertisement

Understanding Cryptocurrencies

Advertisement

Types of Cryptocurrencies

Advertisement

Risk Factors

Similar Posts

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments