I've been hearing a lot about crypto recently and I'm curious to know what it actually stands for. Is it an abbreviation for something? What's the full form or meaning behind this term?
7 answers
Martina
Sat Dec 07 2024
Cryptocurrency represents a digital or virtual form of currency.
Giulia
Sat Dec 07 2024
It leverages cryptography to ensure the security of transactions.
CryptoMagician
Sat Dec 07 2024
Unlike traditional currencies, cryptocurrencies lack a central issuing authority.
ShintoBlessed
Fri Dec 06 2024
There is no single regulating body overseeing their operations.
Raffaele
Fri Dec 06 2024
Instead, a decentralized system is employed to record all transactions.