Cryptocurrency

Cryptocurrency is a form of digital
money that is designed to be
secure and, in many cases,
anonymous.
It is a currency associated with the
internet that uses cryptography, the
process of converting legible
information into an almost
uncrackable code, to track purchases
and transfers.
Cryptography was born out of the
need for secure communication in the
Second World War. It has evolved in
the digital era with elements of
mathematical theory and computer
science to become a way to secure
communications, information and
money online.
The first cryptocurrency was bitcoin ,
which was created in 2009 and is still
the best known. There has been a
proliferation of cryptocurrencies in
the past decade and there are now
more than 1,000 available on the
internet. Bitcoin has soared as high as
$20,000 before losing 30 per cent of
its value in recent days, sparking fresh
speculation and fears of a bubble..