@warpatchi

Cryptocurrency is a form of digital or virtual currency that uses cryptography for security. Unlike traditional currencies, it operates on decentralized networks, typically using blockchain technology. This decentralization is one of its most significant features, as it removes the need for a central authority, such as a government or bank, to issue or regulate it. Transactions made with it are recorded on a distributed ledger, making them transparent and immutable, which helps build trust in the system. One of its main advantages is the potential for lower transaction fees compared to traditional financial systems, especially for cross-border transactions.

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