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  What is cryptocurrency ?  Cryptocurrency is a digital payment service that does not rely on banks for transaction verification. It's a peer-to-peer system that allows anyone to make and receive payments from anywhere. Cryptocurrency payments exist primarily as digital entries to an online database identifying specific transactions, rather than as tangible money carried around and exchanged in the real world. The transactions that you make with cryptocurrency funds are recorded in a public ledger. Digital wallets are used to store cryptocurrency. The title "cryptocurrency" comes from the fact that it uses encryption to verify transactions. This means that storing and sending cryptocurrency data between wallets and to public ledgers requires complex coding. Encryption's goal is to ensure security and safety. Bitcoin, the first cryptocurrency, was created in 2009 and is still the most well-known today. Much of the attraction with cryptocurrencies stems from the desire ...