A crypto currency is a
digital asset designed to work as a medium of exchange that uses strong
cryptography to secure financial transactions, control the creation of
additional units, and verify the transfer of assets. Crypto currencies are a
kind of alternative currency and digital currency (of which virtual currency is
a subset). Crypto currencies use decentralized control as opposed to
centralized digital currency and central banking systems.
The decentralized control of each crypto currency works through distributed ledger technology, typically a block chain that serves as a public financial transaction database.
The decentralized control of each crypto currency works through distributed ledger technology, typically a block chain that serves as a public financial transaction database.
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