What Cryptocurrency is and everything you need to know about it before investing‼️‼️ 🪙💸
Cryptocurrency is a virtual or digital currency that is backed by cryptography and cannot be counterfeit or double-spend. Most of the cryptocurrencies that we see today are based on Blockchain technology. Blockchain is a system that records the transactions related to cryptocurrency and saves them in several computers linked with each other using a peer-to-peer network. Key Points to Know about Cryptocurrency: – ● One of the prime features of cryptocurrency is that it is not backed by any central government therefore it is immune to government manipulation and interference. ● The first cryptocurrency that was invented is known as Bitcoin. It still remains the most popular and is also considered the gold of cryptocurrency. ● Popular cryptocurrencies are Etherum, Litecoin, Polkadot, Cardano, and others. ● Each cryptocurrency has a different project though it is backed by the same technology. Now that we know what cryptocurrency is, let us understand how the cryp