Cryptocurrency: Difference between revisions

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A '''cryptocurrency''' is the name given to digital means of payment that are based on [[Cryptography|cryptographic]] [[Tool|tools]] such as blockchains and [[Digital Signature|digital signatures]]. As a payment system, they should be independent, distributed and [[Security|secure]]. They are not actually currencies. In 2009, Bitcoin was the first crypto currency to appear. In 2021, over 8,500 cryptocurrencies were in use.
A '''cryptocurrency''' is the name given to digital means of payment that are based on [[Cryptography|cryptographic]] [[Tool|tools]] such as blockchains and [[Digital Signature|digital signatures]]. As a payment system, they should be independent, distributed and [[Security|secure]]. They are not actually currencies. In 2009, Bitcoin was the first crypto currency to appear. In 2021, over 8,000 cryptocurrencies were in use.<ref>{{cite web
|url= https://coin.market/cryptos
|title=List of all traded cryptocurrencies
|accessdate=January 2021
}}</ref>
 
==References==
<references/>

Revision as of 13:42, 14 January 2021

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A cryptocurrency is the name given to digital means of payment that are based on cryptographic tools such as blockchains and digital signatures. As a payment system, they should be independent, distributed and secure. They are not actually currencies. In 2009, Bitcoin was the first crypto currency to appear. In 2021, over 8,000 cryptocurrencies were in use.[1]

References

  1. List of all traded cryptocurrencies. Retrieved on January 2021.