A cryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More system is a decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More peer-to-peer network that secures and validates transactions. It uses cryptographyCryptography means, "secret writing"—the exchange of messages accessible only by the intended recipient. It is the science of hiding information.... Read More to convert legible information into an unreadable format, making it virtually impossible to counterfeit or double spend.
