Cryptocurrency

Brand Details

Type: Brand

Description: Cryptocurrency is a broad category of digital or virtual currencies designed to work as a medium of exchange. Many different cryptocurrencies exist, such as Bitcoin, Ethereum, Solana, and many others. Each cryptocurrency operates independently with its own technology, features, and value. These cryptocurrencies facilitate peer-to-peer transactions without the need for intermediaries like banks or payment processors, enabling near-instant global transfers with generally low fees. Security is provided through blockchain technology, a distributed and constantly verified record of all transactions. Different cryptocurrencies may use different mechanisms (like proof-of-work or proof-of-stake) to secure their transactions and manage the creation of new units.

Website: https://coinmarketcap.com/