Blockchain Glossary

Cryptocurrency

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This is a virtual or a digital currency which is usually secured by cryptography. This, in turn, makes it almost impossible for a counterfeit to happen. Most of the cryptocurrencies are usually decentralized networks that are based on blockchain technology. The disparate networks of computers always enforce this type of a distributed ledger. The defining cryptocurrency feature is generally unique and not issued by any central authorities, making them theoretically immune to government manipulation or interference.

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