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What is a cryptocurrency based on?

Cryptocurrencies are digital assets, most often based on blockchain technology. What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

What is a cryptocurrency & how does it work?

A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities. Some experts believe blockchain and related technologies will disrupt many industries, including finance and law.

What is cryptocurrency mining & how does it work?

Mining is how new units of cryptocurrency are released into the world, generally in exchange for validating transactions. While it’s theoretically possible for the average person to mine cryptocurrency, it’s increasingly difficult in proof-of-work systems, like Bitcoin.

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