Cryptocurrency
Digital currency secured by cryptography, independent of central banks.
Detailed Description
Cryptocurrency
What is the main difference between cryptocurrency and traditional currency?
Cryptocurrency operates on decentralized networks and is not controlled by any central authority, while traditional currency is regulated by governments and central banks.
Who introduced Bitcoin and when?
Bitcoin was introduced in 2009 by an anonymous person or group known as Satoshi Nakamoto.
What is blockchain technology?
Blockchain technology is a decentralized and distributed ledger that records all transactions across a network, ensuring transparency and security.
What are stablecoins?
Stablecoins are cryptocurrencies pegged to stable assets, like the US dollar, to reduce volatility.
What are some risks associated with investing in cryptocurrencies?
Risks include price volatility, security threats like hacking, and the potential for scams due to lack of regulation.