What is Crypto Money?
In order to understand the concept of crypto money, we first need to know what cryptography is. Cryptography; is the whole of mathematical methods working to provide information security concepts such as privacy, authentication, integrity. These methods are intended to protect information, both active and passive, that may be encountered during the transmission of information, as well as the sender and recipient of the information along with the information. In other words, cryptography is also referred to as all of the techniques used to convert information in a readable state into something that can not be read by unwanted parties.
With the development of cryptography, the security of information transferred on the internet has also started to increase. These developments have enabled crypto-money to emerge as a software. The first "Bitcoin" is the most popular of these logic-driven crypto paradigms and crypto money.
Crypto money, unlike real money, is not a value held in a hand held, leather wallet. As it develops with a decentralized system, no state or private entity has the right to speak of the production of these money. All the money we use in the classical sense are the objects that are produced by the states and are "a certain value" because it is the state support behind it. However, the newly developed crypto-money technology is produced by individual users everywhere in the world without any government support, and has achieved "a certain value".
