CRYPTOCURRENCY INTRODUCTION
Cryptocurrency is also known as crypto or crypto-currency
CRYPTOCURRENCY is a digital currency designed to work as a medium of exchange through internet, computer network that is not maintain by any central authority such as government or bank
cryptocurrency is a digital currency it does not exist in the physical form such as paper, bills and also not issued by any central authority.
Cryptocurrency is a digital asset or digital form of currencies with trading capacity and are built on blockchain technology that only exists online.
Bitcoin is the first decentralized cryptocurrency and it was released as a open source software in 2009.
Since the release of bitcoin many other cryptocurrencies have been created such as Ethereum, Ripple, Litecoin, Dogecoin, Altcoin etc.
Cryptocurrencies has peer to peer networks meaning no middle man directly from sender to receiver
if you want to send a bitcoin or any other crypto to any person then you can use peer to peer technic.
Bitcoin crypto was invented way back in 2008 and began use in 2009 as a open source software, bitcoin was invented by an unknown person or group called “Satoshi Nakamoto.”
Altcoins are such coins or tokens that are created after bitcoin.
Blockchain is Responsible to provide validity for each cryptocurrency.