blockchain and cryptocurrency

How Does Cryptocurrency Work?

Cryptocurrency is a form of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized platforms, typically using blockchain technology. Bitcoin, Ethereum, and Ripple are some of the most well-known cryptocurrencies. The decentralized nature of cryptocurrencies makes them immune to government interference and manipulation, a characteristic that appeals to many innovative entrepreneurs.

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