why do they call it cryptocurrency

Last Updated on March 1, 2023 by Paganoto

What is cryptocurrency and how does it work? – Kaspersky

What is cryptocurrency and how does it work? – Kaspersky

Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers.

Cryptocurrency Definition – Investopedia

Cryptocurrency Definition – Investopedia

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

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.

The Basics about Cryptocurrency | CTS – SUNY Oswego

The Basics about Cryptocurrency | CTS – SUNY Oswego

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means …

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, …

Cryptocurrency – Definition – Trend Micro

Cryptocurrency – Definition – Trend Micro

A cryptocurrency is an encrypted data string that denotes a unit of currency. It is monitored and organized by a peer-to-peer network called a blockchain, …

Cryptocurrency: What It Is and How It Works – NerdWallet

Cryptocurrency: What It Is and How It Works – NerdWallet

A cryptocurrency (or “crypto”) is a digital asset that can circulate without the need for a central monetary authority such as a government or bank. Instead, …

What is Cryptocurrency? – Medium

What is Cryptocurrency? – Medium

The name cryptocurrency is a portmanteau of cryptography and currency. This is due to the fact that crypto is made viable by its secure consensus mechanism …

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

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

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

What is cryptocurrency? – TechTarget

What is cryptocurrency? – TechTarget

Cryptocurrency is a digital form of currency that uses cryptography to secure the processes involved in generating units, conducting transactions and …