What is cryptocurrency PDF?

Article Technical overview Cryptocurrency is the name given to a system that uses cryptography to allow the secure transfer and exchange of digital tokens in a distributed and decentralised manner . These tokens can be traded at market rates for fiat currencies.

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What is the purpose of cryptocurrency?

The main point of cryptocurrency is to fix the problems of traditional currencies by putting the power and responsibility in the currency holders’ hands . All of the cryptocurrencies adhere to the 5 properties and 3 functions of money. They each also attempt to solve one or more real-world problems.

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Why is cryptocurrency so popular?

For young professionals or investors, cryptocurrencies sound like the business of the future. Although many people tend to buy only a few units to keep, hoping for potential growth in the future, active investors are dedicated to buying and selling crypto, maximizing their profit and revenue .

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