Cryptocurrency 101: A Beginner's Guide to the World of Digital Assets What is Cryptocurrency? Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government, making it decentralized. How Does Cryptocurrency Work? Cryptocurrencies use a technology called blockchain. A blockchain is a distributed ledger that records transactions across many computers. This makes it difficult to hack or cheat the system. Key Features of Cryptocurrency 1. Decentralization: No single authority controls the network. 2. Security : Cryptography ensures the security of transactions. 3. Transparency: All transactions are recorded on the blockchain. 4. Pseudonymity: Users can transact under pseudonyms. Popular Cryptocurrencies 5. Bitcoin : The original and most well-known cryptocurrency. 6. Ethereum: A platform for building decentralized applications (dApps). 7. Binance Coin (BNB) : The native cryptocurrency of the Bina
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