Crypto-Currency
Crypto-Currency refers to a large variety of digital currencies that can be used for just about any purpose. These currencies can be used from a digital wallet housed on just about any electronic device. They are also serviced by exchanges and other decentralized tools throughout the Human Sphere allowing someone to reasonably easily use their currency across borders.
Historically, the name comes from early digital currencies that were backed with distributed cryptography schemes. However over time these currencies started being used alongside increasingly niche currencies that were backed through other schemes, some similar to the original cryptographic setup, others simply using other currencies, FIAT setups, or raw materials. By the 2300s, Crypto-Currency had become a common term that refers to all digital currency even if that currency doesn't actually use Cryptographic techniques.
This page has been seen 229 times.
-
-
Created by on
-