Basically the crypto is the digital currency (virtual currency). some people also said this is also a digital gold.The idea of crypto was so good to convert the large amount of money into the small coins which are named as the Bitcoin(BTC).
Basically Bitcoin is launched in 2009 by the anonymous group of team named as the Satoshi Nakamoto.Basically crypto is made in the form of peer-to-peer system,outlining the concept of the decentralized system.
Globally controlled system :
There are almost about core of currencies in crypto they are controlled by the neutral system which allows the currencies to move up and down with the passage of time . In simple words no one can do any issue in this system and due to stable network the government of the time does not do any type of interference.These things make this network much stronger and reliable.
U.S. (BTC) attention :
As the scope of the crypto is rising day by day the U.S. government is paying special attention to the crypto. The government of the U.S. has established a new team for managing the crypto with very highly qualified staff with vast (great) experience of the Crypto(BTC).
Well designed system :
When the user do its transaction it will show it globally but the information behind the wallet will not be appear to anyone .Because the crypto store the information or data of the user in the form of block-chain form. This is reliable and make it more valuable and attract the people for it because it is fully safe and fraud free.No one hack this system or indata of the user due this strong chain system .
Blockchain system : Backbone of crypto
crypto currencies are powered by the blockchain system, a revolutionary distributed structure.Each information or transaction are stored in blockchain form which is unchangeable.This type of system make this system more accurate and the ratio of the Fraud and the spam became zero . Due to this system money remain safe from any type of disturbance .
Anonymity vs Transparency
While the crypto allows the transactions , they also allows a transparency previously unseen in traditional finance. Every transaction remain visible to everyone but the major or identity information remain anonymous.Its means that the information behind the wallet remain hidden and the walls are so strong there is no chance of hacking or stoling of your data.
Global Accessibility:Banking the Unbanked
This thing makes the crypto more valuable that there is no need of banking every one can participate in the ecosystem of the crypto. With the passage of time i will named this system the world best system as compared to the other ones.
Security:Fort Knox of the Digital Age
Crypto use the advance level based cryptographics for the storage of the data or personal informations of users.This level of security surpasses a traditional banking system.
This is one of the safest or highly secured ways to store data with out fraud or hacking.Basically crypto is also known as the currency of modern times and in other words it also known as the digital gold.It is the one of the greatest and finest way to divide your large amount of money into simple BTC.It is also known as the virtual currency/ virtual gold .
(There are many secrets of crypto those secrets are kept mystery in their own)
Decentralization: The heart of crypto
Their are about core of cryptocurrencies which lies in the decentralization.Central authorities control the Traditional financial system unlikely, Cryptocurrencies are also controlled by the decentralized system.Trough this not even the single currency have whole the control on this whole system and government interface in this system directly or in directly .
