Cryptocurrency In simplistic terms, Cryptocurrency is a digitised asset spread through multiple computers in a shared network. The decentralised nature of this network shields them from any control from government regulatory bodies. The term “cryptocurrency in itself is derived from the encryption techniques used to secure the network. As per computer experts, any system that falls under the category of cryptocurrency must meet the following requirements. Blockchain Technology Blockchain is an innovative distributed ledger technology that was first introduced in the design and development of cryptocurrency, Bitcoin in 2009 by Satoshi Nakamoto. This technology eliminates the requirement of a central entity / third party to validate the transactions over the peer-to-peer network Blockchain uses a unique data structure where verification data related to the transactional records is cryptographically secured against tampering and stored ...
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