# WHAT IS CRYPTO?

By [Aleks](https://paragraph.com/@vertushka) · 2024-01-25

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Crypto is short for cryptocurrency, which refers to digital or virtual currencies that use cryptography for security. Cryptocurrencies operate on decentralized networks called blockchains, which are distributed ledgers maintained by a network of computers. These digital assets can be used as a medium of exchange, store of value, or investment. The most well-known cryptocurrency is Bitcoin, but there are thousands of other cryptocurrencies with various features and purposes.

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*Originally published on [Aleks](https://paragraph.com/@vertushka/what-is-crypto)*