Silvia
Mon Oct 07 2024
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6 answers
1218
How does encrypted currency work?
Could you please explain in a concise manner how encrypted currency, or cryptocurrency as it's commonly known, operates? How does it differ from traditional currencies? How are transactions verified and secured? And, importantly, what are the key benefits and drawbacks of using cryptocurrency in today's financial landscape? I'm particularly interested in understanding the underlying technology and mechanisms that make it all possible.
