Science, asked by captverma, 2 months ago

What is cryptocurrency ?​

Answers

Answered by shardakuknaa
1

Answer:

A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized

Answered by OoINTROVERToO
0

What is cryptocurrency ?

  • Cryptocurrency is a digital currency used to purchase goods and services.

  • It use cryptography, an encryption technique for security.

  • Cryptocurrency is the Money created by the masses, for the masses and controlled by the masses.

How does cryptocurrency work?

  • Cryptocurrency relies on decentralized technology to allow users to make secure and transparent transfers of payments and store money without requiring them to use their name or go through a banking system.

  • The decentralized technology known as a blockchain, records all transactions updated and held by the holders of the currency.

Most popular cryptocurrencies :-

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Tether (USDT)
  • Litecoin (LTC)
  • Dogecoin

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