Playing 1/5
  • Twitter Special Cryptocurrency Event LIVE | Elon Musk Buys Twitter for $44 BILLION!

    YouTube 00:00
  • What is Cryptocurrency? A Simple Explanation

    YouTube 02:59
  • Cryptocurrency Collapse Wreaking Havoc On Investors

    YouTube 03:01
  • Biden signs executive order on cryptocurrency

    YouTube 01:53
  • How Cryptocurrency Works | NYT

    YouTube 02:14

A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Discover in context

This site is not available in the landscape mode.
Please rotate your phone or install our app.