Cryptocurrency is a decentralized form of digital currency that utilizes cryptography for securing transactions and regulating the generation of new units, promoting both privacy and security.
The module emphasizes the significance of decentralization, which not only enhances security and control for users, but also mitigates risks associated with central authorities and fraud.
Learning about the advantages of cryptocurrency, such as transparency and lower transaction fees, is crucial, but understanding its risks—including volatility and potential legal issues—is equally important.
This course aims to equip participants with a foundational understanding of cryptocurrencies, covering their operational mechanisms, pros and cons, and their growing relevance in the global financial landscape.
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