I'm curious about Internet cryptocurrency. I want to understand what it is, how it works, and its role in the digital world. Is it a secure form of payment or just a speculative investment? How is it different from traditional currencies?
7 answers
Sara
Sat Nov 02 2024
Unlike traditional currencies, cryptocurrencies lack a central issuing authority.
GangnamGlitz
Sat Nov 02 2024
There is no regulating body overseeing the issuance and use of cryptocurrencies.
CryptoLodestar
Sat Nov 02 2024
Cryptocurrency represents a digital or virtual form of currency.
Dario
Sat Nov 02 2024
Instead, a decentralized system is employed to record transactions.
EthereumLegend
Sat Nov 02 2024
It utilizes cryptography to ensure the security of transactions.