What is cryptocurrency
What is Cryptocurrency A cryptocurrency can be described as an encrypted data string denoting a currency unit. It is organized and monitored via a peer network called a crypto-blockchain, which also serves to secure transactions like buying, selling, or transferring. Unlike traditional money, cryptocurrencies can be issued independently by the government or any other financial institution. https://getinfoblog.tumblr.com/post/688192852485865472/how-to-buy-litecoin Cryptocurrencies, which are created (and then secured) using cryptographic algorithm are verified and maintained by mining. A network that includes computers or other specialized hardware is responsible for processing and validating transactions. The process gives the opportunity to the miners of the cryptocurrency network to earn a profit. Read about How to Spend Bitcoins Australia Popular cryptocurrencies Popular cryptocurrencies include Ether (Bitcoin), Litecoin (Litecoin), and Monero. Thanks to their decentralized natu