Cryptocurrency is a digital currency used as a medium of exchange, similar to other currencies. However, unlike other currencies, cryptocurrency operates independently of a central bank and uses encryption techniques and blockchain technology to secure and verify transactions.
Many individuals heard about blockchain technology for the first time in 2017. Although it has many possible applications, it is best known as one of the key technologies underpinning cryptocurrencies such as Bitcoin and Ethereum, both of which reached all-time trading highs near the end of 2017. Their price surges fueled speculation about blockchain’s potential […]
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