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Nairaland Forum / Nairaland / General / Investment / Crypto Currency (114 Views)
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Crypto Currency by FavourNkatah21(f): 7:09pm On Mar 12 |
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Re: Crypto Currency by priyankayadav: 6:36am On Mar 13 |
Cryptocurrency is a type of virtual or digital money that runs without the need for a central bank and use cryptography for security. A blockchain is a type of decentralised ledger where transactions are recorded. Well-known examples are Litecoin, Ethereum, and Bitcoin. In addition to possible advantages like decentralised control, transparency, and lower transaction costs, cryptocurrencies also carry risks including volatility, unpredictability in the regulatory environment, and security flaws. 1 Like |
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