Discover the Basics of Cryptocurrency and Blockchain
What is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It exists solely on computers and can be used to purchase goods and services or as a form of investment.
Blockchain Technology: The Foundation of Cryptocurrency
What is Blockchain?
Blockchain is a distributed ledger technology that securely records transactions across many computers. Each block in the chain contains a cryptographic hash of the previous block, a timestamp, and transaction data. This structure creates an immutable and verifiable record of all transactions.
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