How Does Cryptocurrency Works

Cryptocurrency is decentralized, enabling direct transactions without intermediaries like banks.

It relies on blockchain technology, a transparent and immutable ledger.

Each cryptocurrency has unique digital tokens or coins.

Transactions are verified and added to the blockchain by miners or validators.

Cryptocurrencies use cryptography for security and control.

Public and private keys authenticate and authorize transactions.

Wallets store and manage cryptocurrencies.

Cryptocurrency transactions are pseudonymous.

Most cryptocurrencies have a limited supply.

Cryptocurrencies are exchanged on digital currency exchanges.

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