Cryptocurrency is a type of digital or virtual currency that uses cryptography for security, making it difficult to counterfeit or double-spend. The most well-known cryptocurrency is Bitcoin, but there are thousands of others, such as Ethereum, Binance Coin, and Ripple (XRP). Cryptocurrencies operate on decentralized networks based on blockchain technology, which is a distributed ledger enforced by a network of computers (or "nodes"). This decentralization removes the need for intermediaries like banks and governments, allowing peer-to-peer transactions. Some key features of cryptocurrency include: - **Decentralization:** Most cryptocurrencies are not controlled by any single entity, such as a central bank or government. - **Security:** Cryptography secures transactions, making them resistant to fraud and hacking. - **Transparency:** Blockchain technology provides a transparent ledger, making it difficult to alter transaction records. - **Anonymity:** While transactions ar...