A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
Many cryptocurrencies are decentralized networks based on blockchain technology a distributed ledger enforced by a disparate network of computers.
2
A defining feature of cryptocurrencies is that they are generally not issued by any central authority, theoretically immune to government interference or manipulation.
2
A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers.
2
The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network.
2
Cryptocurrencies face criticism for a number of reasons, including their use for illegal activities, exchange rate volatility
2
The first blockchain-based cryptocurrency was Bitcoin, which still remains the most popular and most valuable.
2
Some of the competing cryptocurrencies spawned by Bitcoin’s success, known as "altcoins," include Litecoin, Peercoin, and Namecoin