#MarketCorrectionBuyOrHODL Cryptocurrency, often simply called "crypto," is a digital currency secured by cryptography, operating on a decentralized network called a blockchain, where transactions are recorded publicly and verified by multiple computers, eliminating the need for a central authority like a bank. Popular examples include Bitcoin and Ethereum, which can be bought, sold, and used for payments online, with their value fluctuating based on market demand. While offering potential for financial inclusion and innovation, crypto also faces challenges like price volatility and concerns about its use in illicit activities.

Key points:

Decentralized: No single entity controls the network.

Blockchain technology: Secure digital ledger recording all transactions.

Cryptographic security: Encryption protects user data and transactions.

Volatility: Prices can fluctuate