Crypto Currency: You need to know some key points before start any investment in Crypto.

Cryptocurrency is a sort of digital or virtual currency that functions on decentralised networks based on blockchain technology and employs encryption for security. Unlike traditional government-issued currencies (fiat currencies), cryptocurrencies are often not regulated by any central authority, such as a central bank. They instead use a distributed ledger system to verify and record transactions.

Here are some important cryptocurrency facts:

1. Blockchain Technology: Blockchain technology, which is a decentralised and unchangeable database that records all transactions across a network of computers, underpins cryptocurrency. By making it incredibly difficult to modify past transaction records, this technology provides transparency and security.

2. Decentralization: Cryptocurrencies are decentralised, which means that no single institution or authority has complete control over the network. A consensus technique involving network participants (nodes) verifies transactions.

3. Cryptography: Cryptocurrencies safeguard transactions and control the generation of new units using cryptographic techniques. To support safe transactions and ownership verification, public and private keys are employed.

4. Variety of Cryptocurrencies: Bitcoin was the first cryptocurrency and is now the most well-known, having been founded in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. Since then, thousands of alternative cryptocurrencies, known colloquially as "altcoins," have emerged, each with its own distinct features and objectives.

5. Mining: Many cryptocurrencies, including Bitcoin, validate transactions and add them to the blockchain through a process known as mining. Miners employ powerful computers to solve complicated mathematical problems in exchange for newly generated cryptocurrency currencies and transaction fees.

6. Wallets: Users utilise digital wallets to store and manage cryptocurrencies. Software-based (internet, desktop, mobile) or hardware-based (physical devices) wallets are available. Each wallet is assigned a unique address that is used for sending and receiving cryptocurrency.

7. Volatility: The cryptocurrency markets are notorious for their extreme volatility. The value of cryptocurrencies can fluctuate dramatically in a short period of time, resulting in potentially huge rewards but also posing hazards to investors.

8. Use Cases: Cryptocurrencies can be used for more than just digital currency. They are suitable for remittances, decentralised finance (DeFi), non-fungible tokens (NFTs), smart contracts, supply chain tracking, and other applications.

9. Regulation: The regulatory environment for cryptocurrencies differs greatly by jurisdiction. Some countries have embraced cryptocurrencies and blockchain technology, while others have placed limits or outright prohibitions on them.

10. Challenges: Scalability, energy consumption (mining operations can be energy-intensive), legislative ambiguity, security issues, and the desire for greater acceptance are all hurdles for cryptocurrency.