Crypto FAQ: What is cryptocurrency and how is it used?
Cryptocurrency is a decentralized form of digital currency that uses strong cryptography techniques (e.g., blockchains with cryptographic hash functions) and distributed peer-to-peer networks to securely regulate currency generation and fund transfers independent of central banks.
For a more comprehensive explanation of cryptocurrency see the source FAQ: What is cryptocurrency and how does it work? on fhe CryptoCurrencyWorks.com web.
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