Questions

What is cryptocurrency?

Asked by Meghna Sharmaa, in Society & News
cryptocurrency

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Best Answer

Creeksize Physiotherapy Junior   ***
A cryptocurrency is a a digital or virtual currency asset designed to work as a medium of exchange that uses cryptography to secure its transactions in USA reason.
Jan 16th 2018 07:32 

Answers

Bruce Bates Magnate II Premium   Cooperative marketing
According to the whitepaper of the original cryptocurrency, bitcoin, cryptocurrency is nothing more or less than digial cash.

However in 2012 the first altcoin was created which paved the way for ICO's and changed the way most people view cryptocurrency. So these days most people view it more as a digital stock than as digital cash.
Jul 24th 2019 23:05    Edited in Jul 25th 2019 01:05
Riya Steve Advanced  Marketing
It is a Digital or Virtual currency. It is a Medium of Cryptocurrency exchange .
Jul 7th 2020 05:48   
James Donald Innovator  Blockchain Consultant
Simple U can't see and feel its all about coding but its have value, that value is a cryptocurrency in other word virtual money
Apr 19th 2021 06:16   
Gerard Peters Junior  CEO and Founder of QuantifAI Technologies
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
Jun 24th 2021 08:36   
Cho Chet Advanced  Internet Marketing
What do you think about NFT Collection Maker by Explaindio?
Oct 12th 2021 10:30   
Malena Sanz Freshman  Seo Analyst by profession | Blockchain Technology
A cryptocurrency is a virtual currency that is secured by cryptography, This cryptocurrencies are made by blockchain Technology which makes it almost impossible for counterfeit or double-spend. Cryptocurrencies are decentralized networks which is based on blockchain technology this is a distributed ledger.
Dec 19th 2021 22:58   
Business-Network Homeworker Advanced  Business.Network.HomeWorker
What is Bitcoin and how does it work?

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer.

People can send Bitcoins (or part of one) to your digital wallet,

and you can send Bitcoins to other people. ...

You can buy Bitcoins using 'real' money.

You can sell things and let people pay you with Bitcoins.

Guide: What is Bitcoin and how does it work?

- CBBC Newsround
.bbc.co.uk/newsround/25622442
.bbc.co.uk › newsround


You are invited to join the group - BitcoinCryptoClub
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Dec 28th 2021 05:28   
Sachin Tyagi Professional  SEO Excutive
Cryptocurrency is a a digital or virtual currency asset.
Mar 3rd 2022 00:07   
Panda General Freshman  10
Cryptocurrency is a a digital or virtual currency asset.
Mar 4th 2022 03:16   
Crypto Customer Care Us Advanced  Hello There, I am Anila Watson working at
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
May 14th 2022 06:22   
Chandrasekhar Kumar Sah Advanced  Digital Marketing Executive
Cryptocurrency, sometimes referred to as cryptocurrencies or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions.
Jun 21st 2022 00:48   
Crypto Customer Care Advanced  Finance
Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government, and is based on blockchain technology. Bitcoin was the first decentralized cryptocurrency, but since then many other cryptocurrencies have been created. These digital currencies use decentralized systems to allow for secure financial transactions without the need for a middleman such as a bank.
Jan 17th 2023 04:18   
Diana Ryan Advanced  Writer
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets
Feb 13th 2023 06:11   
Pravin Dwivedi Advanced  Digital Marketing -Free Audit
Cryptocurrency is a digital or virtual currency that uses cryptography for security. It is difficult to counterfeit because of its security features. Cryptocurrencies are decentralized, meaning they are not controlled by any government or central authority. Instead, transactions on the blockchain are verified by a network of computers called miners. Cryptocurrency transactions are transparent, secure, and anonymous.
Mar 17th 2023 00:48   
Gaurav Gupta Senior  Digital Marketing
ou can start by learning about cryptocurrency/Blockchain Technology right here: Mynesfit.com
Mar 18th 2023 05:30   
Dappfort Global Freshman  Web3 Development Company | Dappfort
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank or government. It is decentralized, meaning it is not controlled by a single authority, and transactions are recorded on a digital ledger called a blockchain. Cryptocurrencies can be used as a medium of exchange, unit of account, and store of value, and can be traded on cryptocurrency exchanges. Some examples of cryptocurrencies include Bitcoin, Ethereum, and Litecoin.
Jan 22nd 2024 03:17   
Lisa George Freshman  Entrepreneur | Fintech Analyst
cryptocurrency is like money, but not quite. It's a digital or virtual currency that operates outside the traditional banking system, using cryptography to secure transactions and control the creation of new units. Unlike regular money which is regulated by governments and banks, cryptocurrency runs on decentralized systems called blockchains. These are public ledgers that record every transaction made with the currency. Bitcoin, created in 2009 by an anonymous person named Satoshi Nakamoto, was the first major cryptocurrency and still remains the most well-known one today. However, there are now thousands of different cryptocurrencies out there, each with its own unique features and purposes. People can use cryptocurrencies for various reasons – as an investment opportunity, a means of online payment or remittance, or even just to experiment with this whole new fascinating world. Just remember though, it's important to keep your crypto secure because once you lose those cryptographic keys, retrieving your virtual coins can be a real headache!
Feb 2nd 2024 05:24   
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