What Is Cryptocurrency?

Cryptocurrency is a fully digital, decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More money that operates independently from central authorities (i.e., banks, government). Instead of being controlled by governments or banks, cryptocurrencies rely on peer-to-peer networksPeer-to-Peer Networks (P2P) networks allow people to connect with each other directly for sharing things - without going through a middleman. More and encryption to verify transactions and generate currency units.