What is Cryptocurrency?
Cryptocurrency is a digital form of money that operates on decentralized networks using blockchain technology, allowing secure and transparent peer-to-peer transactions without the need for traditional financial intermediaries. Unlike fiat currencies controlled by governments, cryptocurrencies are maintained by a global network of computers, ensuring resistance to censorship and central authority. Their value often fluctuates based on market demand, investor sentiment, and technological developments, making them both an innovative financial tool and a volatile asset. As adoption grows, cryptocurrencies are increasingly being integrated into mainstream finance, prompting discussions on regulation, security, and long-term viability.
