Crypto

Cryptocurrency, or crypto, is a digital form of money that uses strong cryptography for secure transactions and operates on a decentralized ledger called the blockchain. It eliminates the need for traditional financial intermediaries like banks and allows peer-to-peer transactions globally. Bitcoin, the first cryptocurrency, paved the way in 2009, and since then, thousands of cryptocurrencies have emerged, each with its own unique features and purposes. Cryptocurrencies offer transparency, security, and financial inclusion, but they also come with market volatility and regulatory challenges. Beyond currency, crypto has expanded into various applications like NFTs, smart contracts, and decentralized finance, reshaping the future of finance and technology.