Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, operating independently of a central bank.
A cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Cryptocurrencies operate on technology called blockchain, which is a decentralized ledger maintained by a network of computers (or nodes) working together. Bitcoin, created in 2009, was the first decentralized cryptocurrency, and since then, many other cryptocurrencies have been created. Cryptocurrencies are known for their transparency and their resistance against censorship.
Examples of cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, Cardano, Polkadot, and many more.