# crypto

By [dhiraj patil](https://paragraph.com/@dhiraj-patil) · 2023-03-19

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A cryptocurrency is **a digital currency, which is an alternative form of payment created using encryption algorithms**. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system.

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*Originally published on [dhiraj patil](https://paragraph.com/@dhiraj-patil/crypto)*