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Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates on decentralized networks based on blockchain technology. Unlike traditional currencies issued by governments, cryptocurrencies are typically decentralized and exist only in digital form.
Key Features of Cryptocurrency:
1. Decentralization: Most cryptocurrencies operate on blockchain technology, which is a distributed ledger maintained by a network of computers (nodes).
2. Cryptography: Transactions are secured using advanced encryption techniques, ensuring privacy and security.
3. Transparency: All transactions are recorded on the blockchain and can be viewed by anyone.
4. Immutability: Once recorded, transactions cannot be altered or deleted.
5. Peer-to-Peer Transactions: Cryptocurrencies eliminate interm
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