HOW CRYPTOCURRENCIES WORK?
Cryptocurrencies work through a technology called blockchain, which is like a digital ledger that records all transactions. People can buy, sell, or trade cryptocurrencies using digital wallets. These transactions are verified and added to the blockchain by a network of computers called miners. Cryptocurrencies use cryptography to secure transactions and control the creation of new units. This decentralized system removes the need for intermediaries like banks, offering more transparency and security.
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