Science, asked by arjitgautam4696, 1 year ago

What is cryptocurrency and how does it work?

Answers

Answered by MacTavish343
0
Helloo!!


¤¤ Cptocurrency is a form of digital money that is designed to be secure and currency associated with the internet that uses cryptography...

¤¤ Cryptography means the art of writing or solving codes.

¤¤ Cryptography is mainly done by Anonymous!!

¤¤ The process of converting legible information into an almost uncrackable code, to track purchases and transfers.


WORKING!!

¤¤ Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank.
¤¤ Cptocurreencies run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.

hope it helps!!
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