What are cryptocurrencies?

Words
78
Reading
1 min
Listen
Play
9y

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.

Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

Source: wikipedia

(By the way, did you enjoy this answer? If so, upvote alright? and don't forget to follow me)

If you have any queries you can ask in the comments below

What are cryptocurrencies? | Ecency