Cryptocurrency: What is Cryptocurrency?

Cryptocurrency is a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions.The first cryptocurrency was Bitcoin, which was founded in 2009

Cryptocurrency examples

There are thousands of cryptocurrencies. Some of the best known include:

1) Bitcoin

2)Ethereum

3)Litecoin

4)Ripple