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Learning What Cryptocurrency Is
In its simplest form, cryptocurrency is virtual money. While traditional government-issued money is centralized, cryptocurrencies are decentralized and based on technology known as blockchain. This blockchain is a form of online accounting system in which all transactions are entered in real-time and made visible to all who are part of the network. Bitcoin, the original and most well-known cryptocurrency, pioneered this idea, and subsequent digital currencies have been spawned.
