What is Bitcoin?

Bitcoin is a digital currency that functions free of any central administration or the oversight of banks or governments. Rather, it depends on peer-to-peer software and cryptography. A public ledger is established to records all bitcoin transactions and copies are held on various servers throughout the globe. Anyone with an extra computer can set up …

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What is Cryptocurrency?

Cryptocurrency may be a digital or virtual currency that is secured by cryptography, which makes it nearly insuperable to phoney or double-spend. Multiple cryptocurrencies are decentralized networks supported by blockchain technology — a distributed reckoning applied by a distinguishable network of computers. A defining mark of cryptocurrencies is that they’re generally not issued by any …

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