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Cryptocurrency

From Citizendium - Reading time: 1 min

A cryptocurrency is the name given to digital means of payment that are based on cryptographic tools such as blockchains and digital signatures. As a payment system, they should be independent, distributed and secure. They are not actually currencies. In 2009, Bitcoin was the first cryptocurrency to appear. In 2021, over 8,000 cryptocurrencies were in use.[1]

References[edit]

  1. List of all traded cryptocurrencies. Retrieved on January 2021.

Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Cryptocurrency
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