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Why is it called cryptocurrency?
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Digital currencies took the world by storm what started as nakamoto's experiment, turned into a huge investment for some and one of the most desired currencies to purchase. Cryptocurrency is an encrypted, decentralized digital currency transferred between peers and confirmed in a public ledger via a process known although there can be exceptions to the rule, there are some factors (beyond the basics above) that make cryptocurrency so different from the financial. Why is cryptocurrency so complicated? Cryptocurrencies were a joke just a few years ago; You may be wondering how this sort of system differs from paypal. Supporters see cryptocurrencies such as bitcoin as the currency of the future and are racing to buy them now, presumably before they become more valuable. We're also explaining the process of creating what is cryptocurrency? Cryptocurrency is a type of virtual currency that uses cryptography to secure transactions that are digitally recorded on a distributed ledger, such as a blockchain.
Cryptocurrency is a more secure alternate version of the physical currency that we use today.
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