HOW DOES CRYPTO CURRENCY WORK

Cryptocurrencies are digital currencies that use encryption techniques to secure transactions and control the creation of new units.

They operate on a decentralized system called a blockchain, which is a public ledger that records every transaction and ensures the integrity of the currency.

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[{"selector":"#anim-52fe7176-aa87-49ce-87d0-0e9e759fc5fe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.8406811069043405%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Each cryptocurrency has a limited supply, which is typically determined by a set of rules built into its code, preventing inflation or devaluation. Arrow

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The blockchain technology also enables users to send and receive funds directly without the need for a third-party intermediary like a bank or financial institution.

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[{"selector":"#anim-3ebbbc56-7015-4982-9f68-8330cf5b7405 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.869671268911183%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Cryptocurrencies can be stored in digital wallets, which are typically protected by strong encryption and other security measures. Arrow

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