Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks based on blockchain technology.
Key Features:
- ✅ Decentralized – No central authority controls it
- ✅ Transparent – All transactions are recorded on a public ledger
- ✅ Secure – Protected by advanced cryptographic algorithms
- ✅ Borderless – Can be sent anywhere in the world
- ✅ Limited Supply – Most cryptocurrencies have a capped supply