The concept of cryptocurrency: what is behind this term?

Cryptocurrency is a form of digital money that uses cryptography to ensure the security of transactions. It operates on the basis of blockchain technology, which allows the distribution of data across a decentralized network, eliminating the need for intermediaries such as banks. One of the main features of cryptocurrencies is their independence from centralized financial structures. Among the most popular cryptocurrencies are Bitcoin, Ethereum, and Litecoin. Each year, cryptocurrency finds more applications in various areas, from online payments to investments. However, it is important to remember that despite its potential, cryptocurrency remains a highly risky asset.