What is a cryptocurrency and how does it work?

Digital Currency: Cryptocurrency is digital, secured by cryptography, and lacks physical form.


It operates on decentralized networks, typically using blockchain technology.

Blockchain Technology

Transactions are recorded in a chain of blocks maintained by network nodes.


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Ownership and Wallets

Digital wallets are needed to manage and access cryptocurrency holdings.

Digital Signatures

These prove ownership and authorize transactions, verified on the network.