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Cryptocurrency Explained: Unveiling the World of Digital Assets
Key Takeaways: I. Introduction to Cryptocurrencies A. What are Cryptocurrencies? Cryptocurrencies are digital or virtual currencies that leverage cryptographic techniques to secure financial transactions, control the creation of new units, and verify the transfer of assets. Unlike traditional fiat currencies issued by central banks, cryptocurrencies operate independently of any central authority, relying instead on decentralized…