What is Crypto ? | blockchain technology in tamil | Cryptocurrency For Beginners in Tamil | Basics



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What is Crypto ? | blockchain technology in tamil | Cryptocurrency For Beginners in Tamil | Basics

Cryptocurrency is decentralized digital money that is used on the internet. Cryptocurrency adheres to a decentralized form of governance and control, as opposed to a central banking authority. Cryptocurrency operates through distributed ledger technology, known as the blockchain. Bitcoin was the first cryptocurrency, and it rose to attention beginning in 2008. Today, there are many other cryptocurrencies, including Ethereum, Tether, Solana, and Cardano. In fact, there are literally 1000's of cryptos today.
Cryptocurrencies allow parties to transfer value online without the use of a central counterparty, such as a bank. Cryptocurrencies also facilitate the quick global transfer of value, 24 hours a day, seven days a week. Some argue that a cryptocurrency is a superior form of value transfer because it offers a level of privacy, security, and immutability (irreversibility) that traditional money does not offer.

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