A cryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... system is a decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... peer-to-peer network that secures and validates transactions. It uses cryptographyCryptography means, "secret writing"—the exchange of messages accessible only by the intended recipient. It is the science of hiding information.... to convert legible information into an unreadable format, making it virtually impossible to counterfeit or double spend.
