What is cryptocurrency, and how does it work?

Cryptocurrency is a digital or virtual currency that relies on cryptography for security.

Cryptocurrency operates independently of a central bank or government.

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[{"selector":"#anim-151a7178-edee-4d47-b7e4-b067a66397d9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Cryptocurrency uses a decentralized network of computers to verify and record transactions Arrow

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Each transaction on the blockchain is verified by a network of computers called nodes.

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[{"selector":"#anim-8e970ec3-694f-40af-a187-6b33bfbd4187 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Cryptocurrency mining involves complex mathematical algorithms that secure the network and ensure the integrity of transactions. Arrow

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