Cryptocurrencies are digital currencies that use encryption to ensure the security and confidentiality of transactions. Cryptocurrencies have the following characteristics:
Main characteristics
1. Decentralization: They are not controlled by any central body, such as banks or governments.
2. Encryption: They use strong encryption techniques to protect transactions.
3. Digital: They do not exist in physical form, but only in digital form.
4. Transparency: All transactions are recorded in a public ledger called the "blockchain".
5. Independence: Users do not need intermediaries to carry out transactions.
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