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What is Cryptocurrency? A Guide for Beginners

Introduction

Welcome to the world of cryptocurrency! This guide is designed to help you understand the basics of this exciting and rapidly evolving field. Whether you're a complete beginner or have some prior knowledge, we'll cover everything you need to know to get started.

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government, making it a decentralized form of money.

Cryptocurrencies are typically based on blockchain technology, a distributed ledger system that records transactions across a network of computers. This decentralized nature makes cryptocurrencies secure and transparent.


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