understanding the Basic of digital and Crypto currencies

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Digital currency, also known as cryptocurrency, is a form of currency that exists solely in digital form. It uses cryptography, the process of converting legible information into an almost uncrackable code, to secure and verify transactions as well as to control the creation of new units. Bitcoin, the first and most widely used cryptocurrency, was created in 2009. There are now thousands of different cryptocurrencies in existence, each with their own unique features and uses. Transactions with digital currencies are recorded on a public digital ledger called a blockchain, which allows for transparency and security. Digital currencies can be bought and sold on cryptocurrency exchanges, and can also be used to purchase goods and services. However, their value can be highly volatile and they are not widely accepted as a form of payment