ALL ABOUT CRYPTO CURRENCY
WHAT IS CRYPTO? Note: view in desktop mode Crypto currency, also known as digital currency, is a virtual or digital asset that is used as a medium of exchange. It is decentralized, meaning it is not controlled by a central authority like traditional currency, such as the US dollar or Euro. Instead, it is secured by cryptography, which makes it almost impossible to counterfeit or double-spend. In recent years, crypto currency has gained popularity as a new form of investment and a means of payment for goods and services. HOW CRYPTO CURRENCY WORKS? Crypto currency works on a technology called Blockchain. Blockchain stores information electronically in digital format. Each transaction is recorded as a block and added to the chain, creating a permanent record of the transaction that cannot be changed or deleted. crypto currency can be bought and sold through digital through digital exchanges, where buyer and seller ...