Hi guys this side Sudha Priya and I am going to discuss about Cryptocurrency is a digital
or virtual form of currency that uses cryptography for
secure transactions, control the creation of new units, and verify the transfer of assets.
It is decentralised and operates on a technology called blockchain, which is a distributed
ledger that records all transactions across a network of computers. Unlike traditional
currencies issued by governments, cryptocurrencies are not controlled or regulated by
any central authority. This means that transactions can be made directly between parties
without the need for intermediaries like banks. Cryptocurrencies are based on
cryptographic principles that ensure secure and private transactions.
Some popular examples of cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Ripple.
These digital assets can be used for various purposes, including online purchases, investments,
money transfers, and even as a store of value.