A cryptocurrency is a medium of exchange just like your normal everyday currency such as the USD, but designed for the purpose of exchanging digital information through a process known as cryptography.
The first ever-successful cryptocurrency emerged from the invention of
Bitcoin, by Satoshi Nakamoto. This was then followed by the birth of other
types of crytocurrencies competing against Bitcoin.
How Do Cryptocurrencies Work?
The reason why cryptocurrencies are such in demand right now is because
Satoshi Nakamoto successfully found a way to build a decentralized digital cash
system.
type of Cryptocurrency ::
Bitcoin