Cryptocurrency
Digital currency not reliant on a central authority
Nº Q13479982 ★★★★
Super Rare · Knowledge
Cryptocurrency
Digital currency not reliant on a central authority
Cryptocurrency is a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.
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Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
Cryptocurrency is a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice.
Text: Wikipédia, CC BY-SA 4.0. · Image: voytek pavlik (Public domain) ·
