Bitcoin Halving

Cryptocurrency has been the new ‘big thing’ since around 2018 world. It is any form of currency that exists digitally or virtually and uses cryptography to secure transactions.

Cryptocurrencies don't have a central issuing or regulating authority like a bank etc., instead, they use a decentralized system to record transactions and issue new units.

Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger.

Cryptocurrency is stored in digital wallets. Much of the interest in cryptocurrencies is to trade for profit, with speculators at times driving prices skyward. Cryptocurrency received its name because it uses encryption to verify transactions. It uses mathematical principles to ensure that all transactions are valid and none can be manipulated or issues such as ‘double spending’ or ‘infinite money’ doesn’t arise.