Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
What is Bitcoin?
Bitcoin is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Bitcoin is decentralized, meaning it is not subject to government or financial institution control.
What is blockchain?
Blockchain is a digital ledger of all cryptocurrency transactions. It is decentralized, meaning it is not subject to government or financial institution control. Blockchain is transparent, meaning anyone with access to the internet can view its contents.
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