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Cryptocurrencies are decentralized digital assets that use cryptography to secure transactions and control the creation of new units. They operate using blockchain technology, an immutable ledger without intermediaries like banks. They are characterized by their high volatility, the use of virtual wallets, and their potential as an investment or means of payment, although they lack centralized regulation.
Cryptocurrencies are decentralized digital assets that use cryptography to secure transactions and control the creation of new units. They operate using blockchain technology, an immutable ledger without intermediaries like banks. They are characterized by their high volatility, the use of virtual wallets, and their potential as an investment or means of payment, although they lack centralized regulation.