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What Is a Cryptocurrency?
A cryptocurrency is a digital or digital forex that’s secured by cryptography, which makes it practically unimaginable to counterfeit or double-spend. Many cryptocurrencies are decentralized networks primarily based on blockchain know-how—a distributed ledger enforced by a disparate community of computer systems. A defining characteristic of cryptocurrencies is that they’re usually not issued by any central authority, rendering them theoretically proof against authorities interference or manipulation.
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