Cryptocurrency- now understand a ordinary people also .

A cryptocurrency is a digital or virtual currency that is secured by cryptography,which makes it nearly impossible to counterfeit.A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. Some experts believe that blockchain and related technology will disrupt many industries including finance and law . The advantage of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.The disadvantage of cryptocurrencies include their price volatility high energy consumption for mining activities and use in criminal activities. This decentralized structure allows them to exist outside the control of governments and central authorities. They are mainly based on blockchain technology a distributed ledger enforced by a disparate network of computers.