What is crypto currency?

What is cryptocurrency?

Cryptocurrency is a private digital currency. Cryptocurrency is a new way of transaction. It can be said that cryptocurrency is a type of digital currency of cash. The word Crypto means secret and the word Currency means money in exchange for various products. Cryptocurrency means hidden money. Cryptocurrency is an encrypted currency where transactions are completely secret and no third party has hands on it. And the most important thing is that the government is not in control.

History of cryptocurrency

Cryptocurrencies are online currencies that you cannot touch with your hands but with which you can transact online.

This cryptocurrency or secret currency was launched in 1983. Cryptocurrency was pioneered by an American occult writer named David Chaum. What we know as cryptocurrency was named Cash by David Chaum. David Choum worked on this invisible cryptocurrency until 1995. David Choum tried to do something new at that time

Satoshi Nakamoto gave birth to David Chaum's new endeavor. Who made this currency very successful and he invented Bitcoin. From that time cryptocurrency started to be popularized and popularity of cryptocurrency increased day by day.