30/11/2021 · The word “crypto” in cryptocurrency refers to the special system of encrypting and decrypting information – known as cryptography – which …

Cryptocurrency – meaning and definition. 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. What is cryptocurrency?

Definition of cryptocurrency. : 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 Virtual currency ...

13/11/2016 · Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.

23/01/2022 · Many of you already know what is the meaning of Cryptocurrency but yet you still need to know a lot more if you want to dive into it and make profit. In simple layman’s language Cryptocurrency is a digital currency or virtual currency and is a kind of digital asset. Since it has got no physical presence it cannot be felt nor it could be seen with your bare eyes.