Crypto

Cryptocurrency, or crypto, is a form of digital or virtual currency that leverages blockchain technology for secure, decentralized transactions. Unlike traditional money issued by governments, crypto operates on a network where transactions are verified by network participants rather than a central authority. Bitcoin, the first cryptocurrency, paved the way for thousands of others, each with unique features aimed at solving different problems, from privacy to smart contract functionality. While offering potential for innovation in finance, crypto also faces challenges with volatility, regulatory scrutiny, and security concerns.