cryptocurrency
Phonetic: /ˌkrɪptəˈkɜrənsi/
Part of Speech: noun
Category: To be determined
Digital currency that is based on mathematics and uses encryption techniques to regulate the creation of units of currency as well as verifying the transfer of funds. Cryptocurrencies operate independently of a central bank, and are kept track of through distributed ledger technology.
Definition source: Consensys Software Inc., A Blockchain Glossary for Beginners
Sample sentence
N/A
Additional definitions
A digital currency that is secured by cryptography to work as a medium of exchange within a peer-to-peer (P2P) economic system.
Extended definition
No extended definition. ...yet
This word came from... the ether
Date first recorded: 2025-01-31
Commentary
No commentary on this. ...yet
Read this entry in:
العربية | 中文-简体 | 中文-繁體 | nederlands | français | deutsch | eλληνικά | english-uk | english-us | hausa | हिन्दी | magyar | bahasa-indonesia | italiano | 日本語 | 한국어 | فارسی | bahasa-melayu | pidgin | polski | português-brasil | română | русский | español-latinoamérica | tagalog | ไทย | türkçe | українська | tiếng-việt
Does this need to be better?
This glossary only gets good if we all complain. If you have a suggestion, open an issue on this project's GitHub repo.