Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
What is Cryptocurrency mean?
A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakers get additional ownership in the token over time via network fees, newly minted tokens or other such reward mechanisms. Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC). When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, 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.
Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, many other cryptocurrencies have been created.
referenceFull Form | Category |
---|---|
Cosine of X | Academic & Science |
Clock Signal | Academic & Science |
Correction | Academic & Science |
Cemex, S. A. | Business |
Cyberplex Incorporated (de-listed) | Business |
Customer (E)Xperience | Business |
Crypto Exchange | Business |
Currency Exchange | Business |
Control X | Computing |
Checks | Computing |
Cryptocurrency | Computing |
Script (codemapper) | File Type |
commercial X | General |
Core X | General |
Cramer | Governmental |
Cathay Pacific Airways | Governmental |
Categorical Exclusions | Governmental |
CHANOL | Indian Railway Station |
Snickering; Giggling | Internet |
Cervix | Medical |
Consciousness | Medical |
Phosgene Oxime | Medical |
Charing Cross | Medical |
Circumflex | Medical |
C X | Messaging |
Cancel | Messaging |
Customer | Messaging |
Concept X | Military and Defence |
Chemical X | Space Science |
Color Exterior Film | Space Science |
Cantor Exchange | Stock Exchange |
Posted on 25 Oct 2024, this text provides information on Miscellaneous in Computing related to Computing. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
Write Your Comments or Explanations to Help Others