Crypto 101 Intro lvl 1

1. What is cryptocurrency?

Cryptocurrency is a digital form of currency that is secured by cryptography. Transactions are recorded on a public ledger called a blockchain, which ensures transparency and security. It is decentralized, meaning it is not controlled by a central authority.

2. Why use cryptocurrency?

Cryptocurrency provides greater privacy and security compared to traditional payment methods. Transactions are verified and recorded on a blockchain, making them virtually impossible to tamper with or hack. It can also be used for peer-to-peer transactions, which can make transactions faster and cheaper.