What is Virtual Currency?

Harland

What is virtual currency and how does it work?

2023-06-04 11:29

Answer list:：

Will

Release time 2023 06 04

Percy

Virtual currency is a type of digital currency that is not backed by any government or physical asset. It exists solely in a decentralized, online system, and can be used to purchase goods and services or exchanged for other currencies. Virtual currencies are typically based on complex algorithms and distributed ledger technology, such as blockchain, which ensure the validity and security of transactions. Examples include Bitcoin, Ethereum, and Ripple.

Release time 2023 06 04