About Cryptocurrency

A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it almost impossible to counterfeit. Most cryptocurrencies exist on decentralized networks using blockchain technology – a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation. The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.