Cryptocurrency

What is cryptocurrency? Cryptocurrency is a digital currency that is a collection of binary data one and zero that is designed for a user to exchange services and goods with another user. Cryptocurrency is not issues like real money such as cash as no central government controls the currency instead it is decentral. Mean no country or organization has to influence the currency it can flux due to market conditions also the cryptocurrency uses blockchain technology to record a transaction in the ledger. Some of the popular Cryptocurrency like Bitcoin and Ethurm use blockchain technology to secure its transaction. Cryptocurrency has both pros and cons and people who plan to invest in Cryptocurrency should do their research since it is a relatively new type of currency. One pro Cryptocurrency is that no one entity can influence the value of the currency. Both the other side of the coin/ con of Cryptocurrency require a lot of energy composition since it uses a lot of computing power to secure the transaction via block-chain.