- A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.
- The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network.
- Blockchains, which are organizational methods for ensuring the integrity of transactional data, are an essential component of many cryptocurrencies.
- Many experts believe that blockchain and related technology will disrupt many industries, including finance and law.
TYPES OF CRYPTOCURRENCY:
- Satoshi nakomoto
- bitcoin
- litcoin
- EOS
- Namecoin
- Ethreum classic
- zeash
- bitcoin cash
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