What is Cryptocurrency

A digital currency programmed on a blockchain using cryptography and a consensus algorithm to secure and validate transactions. Cryptocurrencies can be used to buy goods and services.

A virtual cash intended to fill in as a model of trade.

Sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units. Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets. Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of encryption is to provide security and safety. The first cryptocurrency was bitcoin, which was founded in 2009 and remains the best known today. Much of the interest in cryptocurrencies is to trade for profit, with speculators at times driving prices skyward.

A kind of digital currency using encryption techniques.

A digital, virtual currency which is exchanged and used by means of encryption techniques.

A type of digital currency in which transactions are verified and records maintained by a decentralized system using cryptography.

Cryptocurrency is a mechanism designed to work for the online secure payments system using cryptography.

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

A digital or virtual currency secured by cryptography, operating independently of a central bank.

Digital or virtual currency that uses cryptography for secure transactions and operates independently of a central bank.

A digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.

Currency that is created through digital processes and algorithms.

A digital currency, by using it we can pay online without need of third-party. Data is stored in blocks that are connected in chain.

A digital or virtual currency that uses cryptography for security and operates independently of a central bank.

Cryptocurrency is a kind of virtual money in simple sense. It is indeed ordinary money like dollars, pounds, euros, yen and so on but it is only available electronically.

A digital form of currency.

A digital (or virtual) and electronic based medium of exchange used to generate financial transaction, operating independently from the central bank.

Cryptocurrency is a kind of currency made to exchange over internet or it could be as digital currency where government is not reliable to store just as normal currency in bank.

Is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

Digital asset that uses cryptographic methods for the transmission of digital information to serve as a form of money for exchange.

A digital currency used and traded by means of cryptography. It functions in a decentralized system.

A digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

A type of digital currency that uses cryptography for security and anti-counterfeiting measures.

Digital currency which is used virtually and used as both a currency and a virtual accounting system that is exchanged via a computer network and managed via a digital wallet.

A medium of exchange that uses cryptographic principles to secure transactions and control the creation of units of exchange. A cryptocurrency is a type of digital currency (or virtual currency) such as Bitcoin.

Digital currency that utilize blockchain technology. In general, cryptocurrency in the market focus on three area: decentralized, scalability and security.

This refers to a digital currency, the units of which are created mostly without involvement of any government financial institution. The transaction records for cryptocurrencies are maintained using digital ledgers employing cryptography technique. Therefore, the name ‘cryptocurrency’.

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently.

An asset of digital nature that is recorded and transferred on a Blockchain. Cryptocurrency is a monetary application of Distributed Ledgers and part of crypto-assets which may also by non-monetary such as votes and real assets.

It is an encrypted, decentralized digital currency transferred between peers and confirmed in a public ledger via a process known as mining. This is also known as Digital currency.

A type of digital currency in which transactions are done in a decentralized system using encrypted data and technology.

A digital currency whose security is guaranteed through the use of cryptography.

A digital or virtual currency that uses cryptography for security and is typically based on blockchain technology. It is not controlled by any centralized authority, making it theoretically immune to government manipulation or interference.

Is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

Digital currency used to control authentication techniques for the generation of currency units and the confirmation of transactions, working without a central banking authority.

Cryptocurrencies are digital currency that recorded and verification carried on the transactions using decentralized and distributed networks. The first cryptocurrency was Bitcoin. one of the major reasons for developing cryptocurrency was to address the issue of double spending in digital currency.

Pure digital kind of currency that has no backup by any physical commodity.

Virtual or digital currency not backed by gold or commodity. It is difficult to counterfeit due to its digital footprints.

Decentralized, digital currency with no governmental agency backing.

A non-printed currency produced by solving mathematical problems.

It is a decentralised, cryptographically secure digital money. Cryptocurrencies leverage blockchain technology for safe, transparent transactions without a central authority.

Any sort of digital or virtual currency that uses encryption to secure transactions is referred to as cryptocurrency. Cryptocurrencies work without a central authority issuing or controlling them, instead relying on a decentralised system to track transactions and create new units.

Any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions.

A form of payment realized on a decentralized technology called Blockchain that manages and records transactions for goods and services.

Is a digital medium of exchange (normally without physical forms) in which strong cryptography is used to secure the database of transaction records, to record and control the coin ownership and creation, and to verify coin transfer. Cryptocurrencies typically have no central control and use blockchain as the technology to maintain public transactions in a peer-to-peer manner.

A digital representation of value that is owned and secured using asymmetric cryptography and blockchain to ensure its authenticity and prevent modification or tampering without the owner’s consent as well as forbidding the owner to double-spend.

A digital currency performed based on distributed ledger technology (DLT) or blockchain technology. Most cryptocurrencies use a decentralised network where a trusted third party such as a central bank is not necessary for conducting financial transactions.

Cryptocurrency is a form of digital or virtual currency that uses cryptography for security and operates on decentralized networks, typically based on blockchain technology. Unlike traditional currencies issued by governments and central banks, cryptocurrencies rely on cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets.

A digital currency secured by cryptography and managed by blockchain technology that is run on distributed computer networks.

A digital money secured through encryption and other processes.

Cryptocurrency is a mechanism designed to work for the online secure payments system using cryptography.

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms.

A digital or virtual currency secured by cryptography, used encryption to verify transactions, and based on decentralized networks instead of reliant on any central authority.

Cryptocurrency is a digital or virtual currency protected by cryptography and runs on a decentralized network of computers, most of the time using blockchain technology. Cryptocurrencies are not controlled by a single government or central bank like traditional currencies are. Instead, they are often decentralized and run on a technology called blockchain, a distributed ledger maintained by a network of computers called nodes.

A decentralized, blockchain-based system of digital currency assets where digital coins are stored in distributed ledgers, and units are generated through strongly protected cryptographic means.

It refers to any digital currency that uses certain encryption methods to secure and validate the transactions and generate new currency of its own kind.

Digital asset used as a method of exchange stored in an online ledger form.

A digital, virtual currency which is exchanged and used by means of encryption techniques.

Cryptocurrency is the encrypted data and which are denotes a unit of currency. Here peer-to-peer network play important role which is called blockchain. This is helpful in securing ledger based digital transactions for the things viz. buying, selling, and transferring.

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.

Cryptocurrencies are a subset of digital currencies that rely on cryptographic techniques to achieve consensus, for example Bitcoin and ether. Nodes are network participants in a distributed ledger

A digital currency for which encryption methods are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

A digital currency represented as token stored on a blockchain that uses encryption to regulate the generation and transfer of funds.

A digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.

A virtual cash intended to fill in as a mode of trade.

Is a type of digital currency in which, as opposed to a centralized authority, a decentralized system uses encryption to verify transactions and keep records.

It is a digital currency. Its creation (or mining) and exchange are performed under blockchain technology. Cryptocurrencies could be considered independent if they are mined by a network of independent users.

Virtual currency not controlled by a central authority and which constitutes a digital asset. These currencies work usually through a blockchain technology.

Tokens whose function resembles legal tender coins or means of payment, but in a blockchain environment.

A digital or virtual currency that uses cryptography for security and operates on a decentralized technology called blockchain. Cryptocurrencies are typically decentralized, secure, and resistant to government control.

A medium of exchange where individual money ownership records are stored in a ledger using strong cryptography that secures transaction records.