Cryptocurrencies are a Peer-to-Peer model of the fiat monetary system, which means they are traded, transferred, and issued from one individual to another without third-party interference or intermediary. Cryptocurrencies offer privacy, freedom, low fees, and speedy monetary transactions likened to the speed of light.
Cryptocurrency transactions are recorded on a decentralized public digital ledger called Blockchain; which shows a public record of all Cryptocurrency transactions done on varying platforms with no central control by any government or individual.
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