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But what exactly is a cryptocurrency and what are its characteristics? there are a few pieces here to focus on: The supply of cryptocurrency is also free of the control of any central authority since they operate on decentralized blockchain networks that rely on the consensus of several users. But, before we dwell directly into the. You may be familiar with the most popular versions, bitcoin and a cryptocurrency is a medium of exchange that is digital, encrypted and decentralized.
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They run on a distributed public ledger called blockchain.
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We explain how cryptocurrency works. the goal of this guide is to teach beginners about what a new user needs to know:
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