How Cryptocurrency Works

Put simply, cryptocurrency is digital money, which is designed in a way that it is secure and anonymous in some instances. It is closely associated with internet that makes use of cryptography, which is basically a process where legible information is converted into a code that cannot be cracked so as to tack all the transfers and purchases made. Cryptography has a history dating back to the World War II, when there was a need to communicate in the most secure manner.