yingo.ca - Crypto & blockchain news. Cryptocurrency, exchange rates

Description: Stay updated on the latest blockchain technology news, cryptocurrencies, NFTs. Expand your comprehension of digital coins, exchange rates, reviews, analyses

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What are digital currencies, you may ask?

Well, a simple explanation is that digital currency is what is sounds like, a digital representation of real, physical money. It is, however, more complex than that, and over the next few paragraphs you will learn exactly what a digital currency is, how it works, and why it is necessary. Electronic currency, such as Bitcoin, is also called ‘cryptocurrency’. Cryptocurrencies operate using a very complex combination of secret keys, or number and letter combinations, that are propagated on a public ledger. Thi

Virtual currency such as Bitcoin works in the following way:

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