Introduction to Cryptocurrency: A Comprehensive English Explanation
As the digital age continues to evolve, the concept of cryptocurrency has gained significant traction. This article aims to provide a comprehensive English explanation of what cryptocurrency is, its workings, and its impact on the global financial landscape.
Understanding Cryptocurrency
Cryptocurrency, often referred to as crypto, is a digital or virtual form of currency that uses cryptography for security. Unlike traditional fiat currencies, such as the US dollar or the Euro, cryptocurrencies operate independently of any central authority, such as a government or a central bank.
One of the most well-known cryptocurrencies is Bitcoin, which was created in 2009. The term