#Internet
The Internet is a global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link billions of devices worldwide. It is a network of networks that consists of millions of private, public, academic, business, and government networks, all linked together with a common set of protocols known as TCP/IP. The Internet carries an extensive range of information resources and services such as the inter-linked hypertext documents and applications on the World Wide Web (WWW), electronic mail, telephony, and peer-to-peer file sharing systems.
The development and growth of the internet has been fueled by advances in digital technology including mobile phones with internet access. This increase in connectivity has enabled more people to access online services for entertainment or business purposes from anywhere at any time. As such it has become an important platform for many cryptocurrency transactions today due to its ease of use for users across geographical boundaries.
Cryptocurrencies generally operate using distributed ledger technology (DLT) which requires users to maintain their own records rather than relying on one central authority which makes them ideal for transactions over the internet where participants are unknown or untrustworthy. Cryptocurrencies provide users with security against tampering while also allowing them greater flexibility when making payments since they can be sent across borders without additional fees or delays associated with traditional financial institutions like banks or credit card companies. Additionally cryptocurrencies offer anonymity because each transaction is recorded publicly but only identified by cryptographic keys instead individual names so personal data remains safe from potential misuse by third parties who may try to gain access through malicious means such as hacking into accounts or stealing user credentials.
