What is a Cryptocurrency?
1.Bitcoin is one of the biggest represtation of the cryptocurrency
2. Bitcoin has no central authority
- No government or involved
3. 21 Million Bitcoin will be created, and or mined.
A form of currency based on mathematics alone.Instead of fiat currency,Which is printed,cryptocurrency is produced by solving mathematical problems based on cryptography.
Digital currency or digital money is an internet-based medium of exchange distinct from physical (such as banknotes) that exhibits properties similar to physical currency, but allows for instantaneous transactions and borderless transfer-of-ownership.
Cryptocurrency - A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer, operating independently of a central bank.
The first cryptocurrency to be created was bitcoin back in 2009.Today there are hundreds of other cryptocurrencies, ooften referred to as Altcoins.
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