Cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Cryptocurrency is usually not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
Who is behind cryptocurrency?
The people behind cryptocurrency are a diverse group of individuals, organizations, and companies. Cryptocurrency is developed and maintained by a decentralized network of computers, which are often referred to as “miners”. Miners process transactions and secure the blockchain, while developers create new applications and services to make the technology more accessible and useful. Businesses, organizations, and individuals can also become involved in the cryptocurrency space by buying and trading cryptocurrency, using it to make payments, and investing in it.
Who is behind cryptocurrency?
The people behind cryptocurrency are a diverse group of individuals, organizations, and companies. Cryptocurrency is developed and maintained by a decentralized network of computers, which are often referred to as “miners”. Miners process transactions and secure the blockchain, while developers create new applications and services to make the technology more accessible and useful. Businesses, organizations, and individuals can also become involved in the cryptocurrency space by buying and trading cryptocurrency, using it to make payments, and investing in it.