What is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, meaning it is not controlled by a central authority such as a government or financial institution. The most well-known cryptocurrency is Bitcoin, but there are many others, including Ethereum, Litecoin, Dogecoin, and Terra Luna Classis (LUNC).
Cryptocurrencies are based on blockchain technology, which is a distributed ledger that is used to record transactions across many computers. This allows for secure and transparent record-keeping without the need for a central authority.
One of the key features of cryptocurrency is its anonymity. Transactions are recorded on the blockchain, but the identities of the individuals or entities involved in the tra...