Understanding Cryptocurrency

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What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates on a technology called blockchain, which is a decentralized ledger that records all transactions across a network of computers. This makes cryptocurrencies secure and resistant to fraud.

How Does It Work?

Cryptocurrencies work through a process called mining, where powerful computers solve complex mathematical problems to validate transactions. Once validated, these transactions are added to the blockchain, ensuring transparency and security.

"Cryptocurrency is the future of money."