The term "cryptocurrency" refers to a digital currency based on cryptographic protocols, which make transactions safe and extremely difficult to falsify.
The most important feature of cryptocurrencies is that they are not controlled by any central authority: the decentralized nature of the Blockchain makes these coins practically immune to interference or control by governments.
Furthermore, thanks to the combination of a public and a private key, cryptocurrencies simplify the transaction process. The exchanges take place with minimal processing costs, allowing users to avoid the very high commissions imposed by traditional financial institutions.
Crypto News PRO COVID-19 continues to wreck everything, but this will change sooner than you think. At that point, bitcoin will have a choice to make.Photo […]
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Crypto News PRO Not all users were satisfied with the transparency of the network of the first cryptocurrency Bitcoin, and this prompted developers to create truly […]
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Crypto News PRO Since Dash and Monero came into existence, their main focus has been security and privacy. But it’s quite tricky to decide who’d won […]