Economy, asked by Anonymous, 9 months ago

what are cryptocurrencies?​

Answers

Answered by LastShinobi
1

Answer:

Hey buddy

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

Explanation:

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Answered by Anonymous
35

HEY MATE

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information. Cryptocurrency is defined by Investopedia.com as a decentralized “digital or virtual currency that uses cryptography for security” making it difficult to counterfeit.

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