A cryptocurrency, crypto-currency, or crypto is a binary data designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakers get additional ownership in the token over time via network fees, newly minted tokens or other such reward mechanisms. Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC). When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a block chain, that serves as a public financial transaction database.
What is Bitcoin,What is Cryptocurrency,Crypto,What is Cryptocurrency in hindi,crypto currency,What is Cryptocurrency in urdu,What is Crypto,What is Cryptocurrency?,Digital Currency,Cryptocurrency Update,What is Cryptocurrency and How does it work,Cryptocurrency Market update,What is Bitcoin in Telugu,What is Bitcoin?,What is Bitcoin in hindi,crypto trading,What is Cryptocurrency ?,Cryptocurrency What is it,What is Cryptocurrency mining
Cryptocurrency Explained In Telugu | క్రిప్టో కరెన్సీ అంటే ఏంటి? |Telugu Facts