What is Cryptocurrency?

DEFINITION of 'Cryptocurrency:

                A digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency is that it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. The anonymous nature of cryptocurrency transactions makes them well-suited for a host of nefarious activities such as money laundering and tax evasion. The first cryptocurrency to capture the public imagination was Bitcoin, which was launched in 2009. Bitcoin's success has spawned a number of competing cryptocurrencies such as Litecoin, Namecoin and PPCoin.

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Large cryptocurrency list now available. few cryptocurrency are listed bellow:

1. Bitcoin (BTC)
2. Litecoin(LTC)
3. Dogecoin(Doge)
4. Dashcoin(DASH)
5. Peercoin(PPC)
6 Primecoin(XPM)
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