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Cryptocurrency Introduction

Cryptocurrency is a digital currency created through code, operating independently of traditional banking and government systems. Its main features include:

1. Decentralization: Cryptocurrency is not regulated by central institutions, but is managed through peer-to-peer internet protocols.

2. Encryption Technology: Using encryption technology to protect transaction security and specify the creation of new units.

3. Blockchain: Cryptocurrency is controlled through a blockchain transaction database, which is a distributed public ledger.

4. Digital Wallet: Cryptocurrency is stored in digital wallets, and users transact using keys.

5. Production Process: The production process of most cryptocurrencies is slow and yields scarce, giving them a scarcity attribute similar to precious metals like gold.

6. Use Cases: Although initially aimed at providing a new payment method for online transactions, cryptocurrencies are not widely accepted yet and are mainly used for speculation and investment.

7. Security: Cryptocurrencies use blockchain technology and two-factor authentication processes to provide security, but there is still a risk of hacking attacks.