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What are cryptocurrencies?

BY: @yash2212 | CREATED: June 14, 2017, 4:05 p.m. | VOTES: 4 | PAYOUT: $0.00 | [ VOTE ]

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

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TAGS: [ #stocks ] [ #money ] [ #investment ] [ #steemit ] [ #bitcoin ]

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