• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What is cryptocurrency?

  • Thread starter Thread starter Ernestnari
  • Start date Start date

Ernestnari

Guest
Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
 
It is not usually true I have read a lot of complains on using some unsecure cryptocurrencies networks like the example of the use of TRX or TRC-20 network could be easily hacked.
 
I do currency is a decentralized digital currency. It decentralized structure made it practically impossible for third-party to alter it.
 
Cryptocurrency is a digital currency that operates on a blockchain technology. The blockchain technology uses a decentralized feature and that is why transaction made in cryptocurrency cannot be traced.
 
Flower said:
Cryptocurrency is a digital currency that operates on a blockchain technology. The blockchain technology uses a decentralized feature and that is why transaction made in cryptocurrency cannot be traced.
Click to expand...
The blockchain technology is the major thing that makes cryptocurrency the best because the decentralized feature was made possible by the blockchain that was integrated into the cryptocurrency.
 
Lens said:
The blockchain technology is the major thing that makes cryptocurrency the best because the decentralized feature was made possible by the blockchain that was integrated into the cryptocurrency.
Click to expand...
The blockchain technology has made cryptocurrency the best because it is a decentralised technology that allows you to create a self-executed transaction.
 
Traditional money is controlled by the government. If the government wants, they can always print more money, thus reducing the value of money in circulation. However, crypto is community controlled. It is truly a democratic financial system.
 
Cryptocurrency has even made things easier for people and cryptocurrency has even made things easier for people and we can make money at our convenience.
Flower said:
The blockchain technology has made cryptocurrency the best because it is a decentralised technology that allows you to create a self-executed transaction.
Click to expand...
 
You must log in or register to reply here.
Back
Top