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Bitcoin explained: How do cryptocurrencies work? - BBC NewsA cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses cryptographic techniques and it's protocol to verify the transfer of. A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. The most common cryptocurrencies: � Bitcoin � Ethereum � Ripple (XRP) � Litecoin. Litecoin first entered the cryptocurrency space in , and it utilizes the L.
