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A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
A type of cryptocurrency inspired by internet memes, pop culture or social media trends. Unlike mainstream cryptocurrencies like Bitcoin or Ethereum, memecoins often lack a clear utility or ...
Cryptocurrency is a kind of digital currency that is intended to act as a medium of exchange. Cryptocurrency has become popular in the last decade, in particular, with Bitcoin becoming the most ...
A cryptocurrency wallet can be used to store the public and private keys which can be used to receive or spend the cryptocurrency. The cryptographic systems used allow for decentralisation; a decentralised cryptocurrency is fiat money but one without a central banking system. In terms of total market value, Bitcoin is the largest cryptocurrency ...
Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. [1] Economists define money as a store of value , a medium of exchange and a unit of account , and agree that bitcoin does not currently meet all these criteria.
Cryptocurrency was the single hottest investment story of the 2010s. Through most of the 2000s, it didn't exist. Now, it's hard to get through a single week without a new digital currency making
Digital currency is a term that refers to a specific type of electronic currency with specific properties. Digital currency is also a term used to include the meta-group of sub-types of digital currency, the specific meaning can only be determined within the specific legal or contextual case.
When a blockchain database powers cryptocurrency, it records and verifies transactions in the currency, verifying the currency’s movements and who owns it. Many crypto blockchain databases are ...