A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. It operates on decentralized technology called blockchain, enabling secure and transparent peer-to-peer transactions. Bitcoin and Ethereum are examples of widely known cryptocurrencies.
Cryptocurrency is a digital or virtual form of currency that uses cryptography for secure transactions and operates independently of central banks, utilizing decentralized technology like blockchain to record and verify transactions, offering potential benefits such as transparency, accessibility, and financial sovereignty.