Cryptocurrency

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit. Cryptocurrencies operate on decentralized blockchain networks, allowing peer-to-peer transactions without the need for intermediaries like banks. Bitcoin, Ethereum, and Litecoin are examples of well-known cryptocurrencies. They are used for various purposes, including online transactions, investment, and as a store of value.

Example

Bitcoin is the first and most widely recognized cryptocurrency, allowing users to send and receive payments over a decentralized network without relying on traditional banks.