Cryptocurrency – An Overview
Cryptocurrencies are digital currencies that are decentralized. They are generated and managed via a peer-to-peer network of computers
that are connected to one another. It was first introduced in the early to mid-90s with the first cryptocurrency, bitcoin.
Cryptocurrency is a type of digital currency that uses encryption techniques to regulate the generation of (crypto) currency and to
verify the transfer of funds.
Cryptocurrency is an electronic currency that is created and spent electronically. It is used to fund transactions that are made online.
It is also used to exchange value of the currency for other currencies, including fiat money, and in a financial sense, it is considered a commodity.
The first cryptocurrency was Bitcoin which was created in 2009.
Cryptocurrencies are digital currencies that use cryptography to regulate the generation and transfer of units of currency.
They are usually based on a decentralized ledger that is stored on every computer in the network, rather than a central server.
They have gained popularity in the past few years, with Bitcoin becoming the most popular.