The term 'cryptocurrency' has gained widespread recognition since the inception of Bitcoin in 2009. Since then, numerous cryptocurrencies have been created, and the combined market value of Bitcoin and other cryptocurrencies has surged, reaching a global valuation exceeding $2 trillion. Cryptocurrency refers to a digital or virtual currency that relies on cryptographic techniques for security, rendering it highly resistant to counterfeiting and double-spending. Many cryptocurrencies operate on decentralized networks built on blockchain technology, which is a distributed ledger maintained by a diverse network of computers. One prominent characteristic of cryptocurrencies is their lack of central authority issuance, making them theoretically impervious to government interference or manipulation. Discover a comprehensive understanding of cryptocurrencies with us. View more....
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