A cryptocurrency is a digital currency

it is designed to work as a medium of exchange through a computer network

It is not dependent on any central authority, such as a government or a bank to maintain it.

it control the creation of additional coins, and verify the transfer of coin ownership.

it is a computerized database using strong cryptography to secure transaction records

Some crypto schemes use validators to maintain the cryptocurrency.

In return, they receive rights to the tokens in proportion to the amount they stake.

Cryptocurrency does not exist in physical form

it is typically not issued by a central authority.

The first decentralized cryptocurrency was Bitcoin.

There were over 9,000 other cryptocurrencies in the market