A cryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... system is a decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More peer-to-peer network that secures and validates transactions. It uses cryptographyCryptography - means "secret writing"—the ability to exchange messages that can only be read by the intended recipient. In cryptocurrency,... Read More to convert legible information into an unreadable format, making it virtually impossible to counterfeit or double spend.
