Cryptocurrencies are cryptographically secured digital currencies which run using blockchain technology. They use a decentralized peer-to-peer network to process transactions. Bitcoin, Ethereum, and Litecoin are cryptocurrencies, along with many altcoins which have emerged since Bitcoin’s debut in 2009. Stay informed with the latest cryptocurrency news today on blokt. Transactions processed using cryptocurrency are typically publicly viewable and cannot be tampered with once they are stored on the blockchain, a type of a public ledger.
A cryptocurrency is often called a digital currency, virtual currency or crypto. Cryptocurrencies are peer-to-peer digital currencies which are powered by blockchain technology. They are secured cryptographically through a process known as mining. There are various mining algorithms used for this purpose. Bitcoin (BTC) is the leading cryptocurrency by market cap. It has more public awareness than any other cryptocurrency and was the original crypto, released in 2009 by the anonymous pseudonym, Satoshi Nakamoto.
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