What is a Cryptocurrency ? Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. “A cryptocurrency (or crypto currency) is a controversial digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. … Bitcoin, created in 2009, was the first decentralized crypto currency developed” A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange.
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