# Me Crypto

By [MinhRus](https://paragraph.com/@minhrus) · 2021-12-29

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A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange. Individual coin ownership records are stored in a ledger, which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

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*Originally published on [MinhRus](https://paragraph.com/@minhrus/me-crypto)*