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Certainly! Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments and central banks, cryptocurrencies operate on decentralized networks based on blockchain technology. Here are some key points about cryptocurrencies:Blockchain Technology: Cryptocurrencies rely on blockchain, a distributed ledger that records all transactions across a network of computers. This technology ensures transparency, security, and immutability of the transaction history. Decentralization: Cryptocurrencies operate on decentralized networks, meaning they are not controlled by any single entity, government, or organization. This decentralization is one of the defining features of cryptocurrencies, providing a level of security and resistance to censorship.
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