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Amalu Geoffrey ifechukwu
Apr 28, 2023, 12:11 PM
Apr 28, 2023, 12:11 PM
Crypto, short for cryptocurrency, refers to a type of digital asset that uses cryptographic techniques to secure transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning that they are not controlled by any government or financial institution. Instead, transactions are verified and recorded on a public ledger called a blockchain, which is maintained by a network of users around the world.
The most well-known cryptocurrency is Bitcoin, which was created in 2009 by an anonymous individual or group using the pseudonym "Satoshi Nakamoto." Since then, thousands of other cryptocurrencies have been created, each with its unique features and use cases.
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