The Uniqueness of Cryptocurrencies

_{Made with pixellab}

Introduction

Good day dear Tron fan club community, it's nice to be posting here again, today on my post I'll talk about the uniqueness of cryptocurrencies, the features that differentiates it from other traditional currencies (Fiats). You can learn more from reading below...

---

Cryptocurrency uniqueness

---

After since the creation of cryptocurrencies, it has brought lots of opportunities for people and has made trillions of dollars in revenue. But some people might think cryptocurrency is just a sham and doesn't have any value in it, but they're wrong. Cryptocurrency infact has of value to it and can be a great way to earn and make money. Here are the reasons why we see cryptocurrencies as a live time opportunity of wonders.q

• Decentralized Nature

Cryptocurrency has a Decentralized nature which means that it isn't controlled by a central authority, this makes cryptocurrency one of a kind as most currency are controlled by government and can be altered or loose value. Cryptocurrency on the other hand is managed by people called witnesses that oversees the activities of the coin.

• Anonymous

Cryptocurrency is anonymous as it's transaction and activities are carried out in a Blockchain, the Blockchain makes it possible for all transaction to be anonymous, even if it was traced, it'll be only given the wallet address and not the information of the owners.

• Irreversible and Immutable

Transaction that was carried out on the Blockchain can't be reversed as it's already verified on the blocks. Cryptocurrencies stored on wallets are only accessable to those with the keys, the keys are essentially your password and if it got missing or stolens, then your done for.

• Cryptocurrencies Can Come In Limited Supply

Normal currency/fiat are limitless because it's produced by a central authority/government and they can print as much money as they want, this makes the money to loose value easily and gets degraded, but for cryptocurrencies, it's limited, for example Bitcoin is mined by solving complex maths and it takes time, energy and resources to do that which makes the value to rise due to it's rare and scare nature.

• Secure

Cryptocurrency are very secured because it operate on a Blockchain, the Blockchain works by validating transaction on previous blocks that was made, the each blocks have a record of the next and previously existing ones, this makes it impossible to alter as noone can modified millions of blocks.

---

Conclusion

---

With that being said, cryptocurrencies is a unique asset that makes many things possible.
Thanks for reading..✅
_{10% to community account}