The Cryptocurrencies and their Market Evolution
Abstract
Cryptocurrency or crypto money is a type of digital, virtual currency used as a means of payment. This type of currency eliminates the need to carry cash and makes it easier to purchase goods. Cryptocurrencies work on a chain of computers, in a peer-to-peer network without an intermediary. The process by which cryptocurrency transactions are validated is called "mining", and the participants are called "miners". These coins are stored in special wallets, these wallets being digital, hardware, etc. Cryptocurrencies are an interesting investment with potential, being generally a long-term investment.
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