What is Cryptocurrency? Cryptocurrency is a digital form of currency that eliminates the need for traditional banks or financial institutions for transactions. Instead, it operates on a peer-to-peer network, enabling anyone to send and receive payments globally without intermediaries. This decentralized approach ensures transparency and security. Audio Podcast: Crypto Basics  How Cryptocurrency Works Understanding the mechanics of cryptocurrency is crucial for beginners. Here are the foundational components: Blockchain Technology: The backbone of cryptocurrency, blockchain is a decentralized ledger that records all transactions across a network. It ensures data security and transparency. Mining: This is the process through which new cryptocurrency coins are created and transactions are verified within the blockchain.…