what is crypto currency and Bitcoin...???
Answers
Answered by
2
It is a digital asset designed to work as a medium of exchange that uses cryptography to secure it's transactions,to control the creation of additional units ,and to verify the transfer of assets ......Bitcoin, created in 2009,was the first decentralized cryptocurrency.
Answered by
1
Answer:
a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.
"decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"
Explanation:
A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Similar questions