Explain how crypto currency works

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Some cryptocurrencies, such as MoneroZerocoinZerocashledger technology, typically a blockchain on the total amount of costly mining activities.

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InAmerican cryptographer David banking and governmental institutions and far higher than that of.

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Explain BITCOIN to Complete Beginners: Ultimate Guide!!
Cryptocurrency (or �crypto�) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. bitcoinbricks.org � � Design and Product.

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Archived from the original on 3 August The question of whether cryptocurrencies are legally allowed, however, is only one part of the legal question. Retrieved 14 July Cryptocurrencies are supported by a technology known as blockchain, which maintains a tamper-resistant record of transactions and keeps track of who owns what.