Beginner’s Guide to Cryptocurrency
Understanding the Basics
Cryptocurrency 101: What You Need to Know
Cryptocurrency is a digital or virtual form of currency that utilizes cryptography for security and operates independently of a central authority, such as a government or financial institution. At its core, cryptocurrency relies on blockchain technology, a decentralized ledger that records all transactions across a network of computers. Understanding these foundational concepts is essential for navigating the world of cryptocurrency effectively.