asked 57.3k views
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What is cryptocurrency ?

asked
User KanwarG
by
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1 Answer

3 votes

Answer: Cryptocurrency is a digital or virtual form of currency that uses cryptography for security.

Step-by-step explanation:

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. It exists only in electronic form and operates on a decentralized network, typically based on blockchain technology, which is a public ledger containing all transaction data. Unlike traditional currencies controlled by governments or banks, cryptocurrencies are maintained by a network of computers and are not subject to central authority.

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User Cltsang
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