Comparing 5 Cryptocurrencies with No Transaction Fees
Cryptocurrency is an electronic asset designed to work as an exchange medium that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of value. Cryptocurrencies use decentralized peer-to-peer nodes as opposed to central banking systems. The decentralization of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source code in 2009, is generally considered the first decentralized cryptocurrency.
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