What is a Coin?
A coin is a digital asset, or cryptocurrency, that can be used as a medium of exchange. Cryptocurrencies are decentralized and operate on blockchain technology, meaning they are not controlled by any one entity. Coins are created through a process called mining, where computers solve complex mathematical equations to create new coins. Coins can also be bought and sold on exchanges for other cryptocurrencies or fiat currencies such as the US dollar.
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