#CryptoReboundStrategy
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by governments (fiat money), cryptocurrencies operate on decentralized networks based on blockchain technology. Here's an overview:
Key Features of Cryptocurrency:
1. Decentralization: Cryptocurrencies are typically not controlled by any central authority, like a bank or government.
2. Blockchain: A distributed ledger that records all transactions securely and transparently.
3. Cryptography: Ensures the security of transactions and controls the creation of new units.
4. Anonymity and Transparency: Users can conduct transactions without revealing personal details, while all transactions are publicly recorded on the blockchain.