Cryptocurrencies also referred to as digital coins, digital currency or altcoins are the latest big thing in the world of nance. Like at or paper money, they can be used as a mean of exchange. They are irreversible, pseudonymous, fast, global, secure and permissionless. These new forms of money are decentralized/ This means that they are not regulated by any central body like the central bank or government agencies. De ned in a more comprehensive term, cryptocurrency is a medium of exchange, created and stored electronically in the blockchain, using encryption techniques to control the creation of monetary units and to verify the transfer of funds, Bitcoin being the rst and best known example. Cryptocurrencies are regulated by the principle of cryptography, a principle that wo...
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