What is Cryptocurrency ?

A cryptocurrency is a type of currency which uses digital files as money. Cryptocurrencies are systems that allow for secure payments online which are denominated in terms of virtual “tokens,” which are represented by ledger entries internal to the system. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.(FrankenField, 2024) (Add in more detailed explanation) What is Cryptocurrency? Video * Possibly update intro take out music part* ○ Different types of popular Cryptocurrencies- There are over 1,300 cryptocurrencies on the market today. (Walner, 2017)The most popular among them are ■ Bitcoin ■ Ethereum ■ Ripple (XRP)