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     What is cryptocurrency, how does it work – and what’s the point?

     Cryptocurrency has been around for more than 15 years, and there is more than £1.8 trillion-worth of the stuff floating around on the internet. – What is cryptocurrency? & ...

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     Kalshi points to a Trump win. Its 28-year-old CEO says the betting market is more reliable than polling

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     BlackRock’s Larry Fink called this 1 asset an alternative to commodities like gold

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2. www.bbc.co.uk › newsround › 57115261Cryptocurrency: What is it and how does it work? - BBC Newsround

   www.bbc.co.uk › newsround › 57115261

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   Nov 23, 2021 · Reuters. Cryptocurrencies are being used to purchase goods and services around the world. Cryptocurrencies have been widely criticised as computers used for mining consume lots and lots of energy ...

   • Video Duration: 3 min

3. Videos

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     5:33

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     Cryptocurrency In 5 Minutes | Cryptocurrency Explained | What Is Cryptocurrency? | Simplilearn

     29 Jun 2021

     1.6M views

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     2:14

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     How Cryptocurrency Works | NYT

     2 Apr 2018

     269.1K views

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     9:25

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     How Cryptocurrencies Actually Work: Bitcoin Explained

     21 Dec 2016

     4.3M views

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4. www.coursera.org › how-does-cryptocurrency-workHow Does Cryptocurrency Work? A Beginner's Guide - Coursera

   www.coursera.org › how-does-cryptocurrency-work

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   Mar 29, 2024 · Cryptocurrency, or crypto, is a digital payment platform that eliminates the need to carry physical money. It exists only in digital form, and although people mainly use it for online transactions, you can make some physical purchases. Unlike traditional money printed only by the government, several companies sell cryptocurrency.

5. crypto.com › university › what-is-cryptocurrencyWhat Is Cryptocurrency? A Comprehensive Guide for Beginners

   crypto.com › university › what-is-cryptocurrency

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   Aug 21, 2024 · Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by governments (also known as fiat currencies), cryptocurrencies operate on technology known as blockchain and are decentralised in form. This means they are not controlled by any single entity, such as a central ...

6. www.nerdwallet.com › article › investingCryptocurrency Basics: Pros, Cons and How It Works

   www.nerdwallet.com › article › investing

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   Aug 2, 2024 · Cryptocurrencies are generally used to pay for services or as speculative investments. Cryptocurrencies are powered by a technology known as blockchain. Crypto prices are extremely volatile, and ...

7. cointelegraph.com › learn › what-is-a-cryptocurrencyWhat is cryptocurrency and how does it work? - Cointelegraph

   cointelegraph.com › learn › what-is-a-cryptocurrency

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   Aug 18, 2024 · Cryptocurrency is digital money, like euros or United States dollars, but operates independently from governments and banks, using a decentralized technology called blockchain. Transactions are ...

8. www.forbes.com › advisor › inWhat Is Cryptocurrency And How Does It Work? - Forbes

   www.forbes.com › advisor › in

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   Think of it as a democracy. Security, which is a fundamental part of a blockchain. Cryptography is the method that secures data from unauthorized access by the use of encryption techniques. Most ...

9. People also ask

   What is cryptocurrency & how does it work?

   • Cryptocurrency (or “crypto”) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. Cryptocurrencies get their name from the cryptographic techniques that let people spend them securely without the need for a central government or bank. Here are a few examples:

   Cryptocurrency Basics: Pros, Cons and How It Works

   www.nerdwallet.com/article/investing/cryptocurrency

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   What is crypto & how does it work?

   • Others are based on different technologies, or have new features that allow them to do more than transfer value. Crypto makes it possible to transfer value online without the need for a middleman like a bank or payment processor, allowing value to transfer globally, near-instantly, 24/7, for low fees.

   What is cryptocurrency? - Coinbase

   www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency

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   What is cryptography & how does it work?

   • Cryptography is the method that secures data from unauthorized access by the use of encryption techniques. Most of the claims that blockchain makes, like privacy and immutability, are enabled through cryptography. The roots of cryptocurrency technology can be traced back to the 1980s with the invention of what is called a “blinding algorithm”.

   What Is Cryptocurrency And How Does It Work? - Forbes

   www.forbes.com/advisor/in/investing/cryptocurrency/what-is-cryptocurrency-and-how-does-it-work/

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   What is a crypto transaction & how does it work?

   • Transactions are securely recorded on a public ledger (blockchain) visible to all users, ensuring transparency and preventing fraud through cryptography. Cryptocurrencies come in many different shapes and sizes, from Bitcoin (the first and most famous) to altcoins, stablecoins and tokens used for specific purposes like governance or gaming.

   What is cryptocurrency and how does it work? - Cointelegraph

   cointelegraph.com/learn/what-is-a-cryptocurrency-a-beginners-guide-to-digital-money

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   What is cryptocurrency mining & how does it work?

   • Mining is the term used to describe the process of creating cryptocurrency. Crypto transactions need to be validated, and mining performs the validation and creates new cryptocurrency. Mining uses specialized hardware and software to add transactions to the blockchain. Not all cryptocurrency comes from mining.

   How Does Cryptocurrency Work? A Beginner's Guide - Coursera

   www.coursera.org/articles/how-does-cryptocurrency-work

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   What is a cryptocurrency beginner guide?

   • This comprehensive guide aims to demystify cryptocurrency, providing beginners with a solid foundation in the rapidly evolving cryptocurrency space. Cryptocurrency is a digital or virtual form of currency that uses cryptography for security.

   What Is Cryptocurrency? A Comprehensive Guide for Beginners

   crypto.com/university/what-is-cryptocurrency/

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10. www.coinbase.com › learn › crypto-basicsWhat is cryptocurrency? - Coinbase

    www.coinbase.com › learn › crypto-basics

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    How does cryptocurrency work? Bitcoin is the first and most well-known, but there are thousands of types of cryptocurrencies. Many, like Litecoin and Bitcoin Cash, share Bitcoin’s core characteristics but explore new ways to process transactions.