What is cryptocurrency? Crypto 101: From Zero to Hero

Digital currency using cryptography for secure transactions. Decentralized and operates on blockchain technology.

Bitcoin, launched in 2009, was the first cryptocurrency. Thousands of altcoins have emerged since then.

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Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger.

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Mining: Process of creating new cryptocurrency tokens by solving complex mathematical problems with computers.

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Cryptocurrencies offer fast, low-cost transactions without intermediaries. Ideal for cross-border payments.

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High volatility: Crypto prices can fluctuate wildly, making them both risky and potentially rewarding investments.

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Blockchain technology ensures transparency and security. Each transaction is recorded in an immutable ledger.

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Wallets store private keys for cryptocurrency ownership. Can be hardware, software, or paper-based.

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Exchanges allow buying, selling, and trading of cryptocurrencies. Choose reputable platforms for safety.

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Future potential: Cryptocurrencies may revolutionize finance, but face regulatory challenges and adoption hurdles.

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