A range of cryptocurrencies

A cryptocurrency is a digital asset stored on computerised databases. These digital coins are recorded in digital ledgers using strong cryptography to keep them secure. The ledgers are distributed globally, and each transaction made using cryptocurrencies are codified as blocks. And multiple blocks linking each other forms a blockchain on the distributed ledger. There are estimated to be more than 47 million cryptocurrency users around the world. These cryptocurrencies are created through a process called mining.

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