243

Anna University

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Exam (elaborations) 243
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May 2025

2024/2025

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Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments (like the dollar or euro), cryptocurrencies are decentralized and usually run on blockchain technology. Examples include: Bitcoin (BTC) Ethereum (ETH) Litecoin (LTC) Cryptocurrencies allow for peer-to-peer transactions without the need for intermediaries like banks. They can be used for payments, investments, and smart contracts. Block...
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