A cryptocurrency is a form of digital currency that’s produced by solving complex mathematical equations on computers. This allows for the creation and transfer of unique units called “coins,” which can be exchanged for goods or services. The blockchain is the technology behind cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It’s essentially a public ledger where all transactions are recorded chronologically and publicly, so they can’t be tampered with or changed later on in any way. Since there’s no central authority involved (like you would have with banks), this makes it incredibly difficult to falsify any records or steal money ...Read more
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