What is Crypto currency?

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Crypto currency is a type of currency that is not physical but virtual. It is a decentralized network that uses blockchain technology and it uses cryptography for security purposes. That is why it is called cryptocurrency.

key points:
1. A digital form of currency or money represent any value.
2. Creating by blockchain technology.
3. Use of cryptography for ensuring safe and private financial transactions by coding techiques.
4. This currency is Decentralized not have any authority like banks, government etc.
5. A distributed network of computers like chain.
6. There is no centrally maintained ledger, while it is on the public ledger which makes it transparent.

Different Types of Cryptocurrencies.

  1. Bitcoin(BTC)
  2. Ethereum (ETH)
  3. Solana (SOL)
  4. Monero (XMR)
  5. Litecoin (LTC)

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