Cryptocurrency is a virtual or digital currency that employs cryptography to function as a stable and validated medium of trade. The word "crypto" means "hidden" or "encrypted." Cryptocurrency is a technology that uses a shared record-keeping mechanism called "Distributed Ledger" to allow for stable and checked transactions. Bitcoin was one of the first cryptocurrency to be invented. Alternate cryptocurrencies, also known as Altcoins, are later-developed currencies. Cryptocurrency is a futuristic idea that serves as an alternative to the current monetary system's fiat money.
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