Cryptocurrency
WHAT IS CRYPTOCURRENCY?? Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. The most popular cryptocurrency is Bitcoin, but there are many other cryptocurrencies as well, such as Ethereum, Litecoin, and Ripple. Cryptocurrencies are decentralized, meaning they are not controlled by any central authority or government. Instead, they rely on a network of users and nodes to verify transactions and maintain the integrity of the system. Transactions are recorded on a public ledger called a blockchain, which allows for transparency and security. One of the key features of cryptocurrencies is their anonymity. Transactions can be made without revealing the identity of the parties involved, which has led to concerns about their use in illegal activities such as money laundering and drug trafficking. Cryptocurrencies can be bought and sold on online exchanges, and they can also be used to purchase goods and services