Introduction to Cryptocurrency Cryptocurrency, or simply cryptocurrency, is a kind of digital money meant to function like traditional currencies. It employs cryptography for transaction verification and security and to regulate the issuance of a digital currency's units. Blockchain technology is the basis of many digital currencies. It is a distributed ledger that is kept track of by a decentralized network of computers.Cryptocurrencies differ from "fiat" currencies like the U.S. dollar or the British pound in that they are decentralized and not issued by any central bank or... Read More
Cryptocurrency: What It Is and How It Works Cryptocurrency, sometimes called crypto-currency, is a kind of digital or virtual currency that uses cryptography to increase financial security. Cryptocurrencies do away with the requirement for a centralized issuing or regulating organization by using a decentralized process to record transactions and issue new units. What exactly does the term "cryptocurrency" refer to? Bitcoin is a digital currency without a central bank or single point of control. Anybody anywhere in the world is welcome to use this decentralized payment... Read More