Business Studies, asked by Sohamkhandeshe, 4 days ago

What is the crypto currency​

Answers

Answered by sonawanemanav8
0

Answer:

Cryptocurrency is a type of digital currency that generally only exists electronically. There is no physical coin or bill unless you use a service that allows you to cash in cryptocurrency for a physical token.

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. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

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Answered by ImpressAgreeable4985
0

A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange.

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