What is Cryptocurrency, Explained Briefly

closeup photo of three round coins in person s palm

Cryptocurrencies are almost forgery-proof digital currencies based on blockchain technology. They can be purchased using cryptography or virtual currencies. Cryptocurrencies represent decentralized networks that utilize blockchain technology and are essentially overseen by a central authority. This makes cryptocurrencies unique in their function, as they effectively escape the influence of a government or central bank. These … Read more