Basics of Cryptocurrency: Understanding the Fundamentals of Digital Money

Sophialeeblog26 Jul, 2023Business

The word "cryptocurrency" has gained widespread usage in the past few years to describe a specific type of digital or virtual currency that employs encryption to ensure its users' privacy and to regulate how and when new units of currency are issued. Understanding cryptocurrency's rudimentary features and principles is crucial for getting started. The purpose of this article is to introduce the reader to the fundamentals of cryptocurrency.