6 May, 2019
Posted on :
by : BlockGlossary
Meaning of Cryptocurrency
A cryptocurrency is a digital or virtual currency, store of value or utility token that uses cryptography for security built and executed on Blockchain technology.
It is designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets.
Examples See Cryptography, Bitcoin, Ethereum, Litecoin, Dash, Monero, Monaco, Abjcoin, Foskaay, Bitcoin Cash, Waves, POW and others.
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