Thursday 29 April 2021

What is cryptocurrency?

Cryptocurrency has become very popular in the past couple of years, so almost all influential businesspeople worldwide are talking about it. However, there is widespread confusion regarding what cryptocurrency actually is and why it has suddenly become so popular.

To put it in simple terms, it can be stated that a cryptocurrency is a digital form of currency that is made secure using cryptography. The use of cryptography prevents any duplication or forgery of the currency. The increase in the use of the internet and the lack of cybersecurity on conventional transactions have caused an increase in the popularity of cryptocurrency. To get more information visit #crytocurrency

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