what is cryptocurrency built on

Last Updated on March 11, 2023 by Paganoto

What is cryptocurrency and how does it work? – Kaspersky

What is cryptocurrency and how does it work? – Kaspersky

Cryptocurrencies are usually built using blockchain technology. Blockchain describes the way transactions are recorded into "blocks" and time stamped. It's a fairly complex, technical process, but the result is a digital ledger of cryptocurrency transactions that's hard for hackers to tamper with.

Cryptocurrency Definition – Investopedia

Cryptocurrency Definition – Investopedia

A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them …

What Is a Blockchain? How Does It Work? – Investopedia

What Is a Blockchain? How Does It Work? – Investopedia

A smart contract is a computer code that can be built into the blockchain to facilitate, verify, or negotiate a contract agreement. Smart contracts operate …

Cryptocurrency – Wikipedia

Cryptocurrency – Wikipedia

In computer science, a cryptocurrency, crypto-currency, or crypto is a digital currency that does not rely on any central authority to uphold or maintain it …

What Is Cryptocurrency? – Forbes Advisor

What Is Cryptocurrency? – Forbes Advisor

Cryptocurrency is decentralized digital money that’s based on blockchain technology. You may be familiar with the most popular versions, …

What is cryptocurrency? A beginner's guide to digital currency

What is cryptocurrency? A beginner's guide to digital currency

Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a distributed network of computers. Cryptocurrencies are …

Making sense of bitcoin, cryptocurrency and blockchain – PwC

Making sense of bitcoin, cryptocurrency and blockchain – PwC

Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as …

What Are All the Different Types of Cryptocurrency?

What Are All the Different Types of Cryptocurrency?

A digital coin is created on its own blockchain and acts in much the same way as traditional money. It can be used to store value and as a means of exchange …

Understanding the Different Types of Cryptocurrency – SoFi

Understanding the Different Types of Cryptocurrency – SoFi

Instead, it relies on blockchain technology, a decentralized public ledger that contains a digital record of every Bitcoin transaction. Bitcoin established the …

What are cryptocurrencies, and how do they work? – CBS News

What are cryptocurrencies, and how do they work? – CBS News

Some cryptocurrencies or tokens are built on top of other cryptocurrency blockchains. For instance, many new tokens are built on the ethereum …