Cryptocurrency is a form of secured digital asset. Cryptocurrency is regulated without interference of any centralized financial authorities like Banks. It is controlled online by a group of currency holders themselves which is possible only using Internet.
Cryptocurrencies use decentralized technology to let its users do secured transactions and keep record of all transactions without the need to use intermediate Financial Institutes like bank. They are maintained on a distributed open catalog called blockchain, which is a record of all transactions updated and held by currency holders.
Keywords
Cryptography, Blockchain, Bitcoins, E-Wallet, Bitcoin Mining, Transaction, Payment, Bitgold, Currency.
User
Font Size
Information