1. Cryptocurrency is a digital or virtual form of currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution.
2. The most well-known cryptocurrency is Bitcoin, but there are thousands of other cryptocurrencies in existence, each with its own unique features and uses.
3. Cryptocurrencies are typically stored in digital wallets and can be used for online purchases, investments, and peer-to-peer transactions.
4. The value of cryptocurrencies can be highly volatile, with prices fluctuating rapidly based on market demand and speculation.
5. Cryptocurrency transactions are recorded on a decentralized public ledger called the blockchain, which ensures transparency and security.
6. While cryptocurrencies offer benefits such as lower transaction fees and faster cross-border payments, they also come with risks such as hacking, fraud, and regulatory uncertainty.
7. It is important to do thorough research before investing in cryptocurrencies and to use reputable exchanges and wallets to protect your assets.
JUST IN: 🇷🇺 Vladimir Putin says the US Government is killing the dollar with their own hands, many countries including major oil producers, are accepting payments for oil in Chinese yuan.
Since Monday, a court has started in London, the purpose of which is to examine the claim of 53-year-old Craig Wright from Australia. This computer expert claims that he is the face behind the creation of Bitcoin, which has become the most popular cryptocurrency in the world
has been
Wright claims that he is Satoshi Nakamoto, or the inventor of Bitcoin, who introduced Bitcoin to the world in 2008.
According to the AFP news agency, a private company called COPA, which works to protect cryptocurrencies from royalties, claims Craig Wright that
It was raised for the first time in 2016.
Reports indicate that the documents that Wright presented to the court were written with software code similar to the one used in 2008 to introduce Bitcoin to the world.