A cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.
What People Say
“Cryptocurrency is absolutely here to stay. If you can’t see that at this point, it’s time to learn more about it.”
― Joel McLeod
“Bitcoin is a digital gold – it is harder, stronger, faster and smarter than any money that has preceded it.”
― Olawale Daniel
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Ethereum Address: 0x4AB9BB55a9a44657aE845Bc4b58b401F06bf023E
Bitcoin Address: 14yeusdr9F3sor4rVvGVGM5CGgE8tf3rUS
CyberCrypto 