A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership
records are stored in a digital ledger or computerized database using strong cryptography to secure transaction record entries, to control
the creation of additional digital coin records, and to verify the transfer of coin ownership.It typically does not exist in physical form
(like paper money) and is typically not issued by a central authority. Some cryptocurrencies use decentralized control as opposed to centralized
digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or held on a centralized exchange,
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.
Is Crypto Currency A Safe Investment For The Future?
Investing in cryptocurrency could be a good investment, or it could not. That is true for cryptocurrency in general and likely for you as a
person as well. ... Each option has its pros and cons, but notably, only an exchange-broker like Coinbase/GDAX allows one to trade and invest directly in cryptocurrency.