What is Cryptocurrency? The Rise of Decentralized Currencies and Blockchain Technology
What is Cryptocurrency? Cryptocurrencies are digital currencies that can be transferred between users without the need for a centralized authority, using encryption techniques to secure the transactions. These transactions are recorded on a distributed ledger called blockchain, where each transaction is stored in a separate block and all blocks are linked together in a chain. Therefore, transactions made using blockchain technology are securely processed without the need for a centralized authority.
