What is cryptocurrency?

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anikajain (#53) 1000 days ago News cryptocurrency crypto digitalcash All https://www.coinkurry.com Discuss

A cryptocurrency (or crypto) is a form of digital cash that enables individuals to transmit value in a digital setting.

You may be wondering how this sort of system differs from PayPal or the digital banking app you have on your phone. They certainly appear to serve the same use cases on the surface – paying friends, making purchases from your favorite website – but under the hood, they couldn’t be more different.