How are digital currencies different from regular money?

Some unique features have made the difference between digital currencies and ordinary money. Of course, all these features are not present in all digital currencies, and exceptions can also be observed. The first feature of digital currencies is the irreversibility of transactions. If you make a digital currency transfer and your transaction is confirmed, you can’t get it back, and this is only possible if the recipient is willing to do so. But this method is different in banks. If you have mistakenly transferred money to another personal account, you can finally get it back through legal proceedings. But if you mistakenly send Bitcoin or another digital currency to another address, you should not worry about it! The second unique feature of digital currencies is their anonymity or semi-anonymity. Wallet addresses, which have the same role as card numbers or account numbers in bank accounts, do not contain your identity information. These addresses, which consist of strings of letters and numbers, can be linked to the identity of people only by checking the history of transactions and deep analysis. Of course, some non-tracking and privacy-oriented digital currencies such as Monero, ZCash and Green are designed in such a way that they make it very difficult and almost impossible to identify the identity.

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