RE: LeoThread 2025-02-13 22:13
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A cryptocurrency is a form of digital or virtual currency that relies on cryptographic techniques for protection and is not controlled by any central financial institution. It is safeguarded by encryption methods and serves as both a means
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of exchange and a digital record-keeping system. This system is overseen and structured by a decentralized peer-to-peer network known as a blockchain, which acts as a secure transaction ledger. Cryptocurrencies are generated and secured
using cryptographic algorithms, a process known as mining, where miners validate and process transactions, earning cryptocurrency as a reward for their
efforts.