TOP FEATURES OF CRYPTOCURRENCİES AND TYPES

Abstract

Cryptocurrency is a digital payment system, created by non-banks, not subject to any official license, and is mainly mined using blockchain technology. The process of emission of cryptocurrency is called mining, and since cryptography is used, the meaning of "crypto" is mentioned at the beginning of the word currency. Cryptocurrency transactions do not require personal information. This means that users remain largely anonymous and transactions are largely confidential. However, every transaction is recorded, senders and receivers are known to the public. This way, all transactions are tracked, no transaction can be changed, manipulated or deleted afterwards. In this respect, cryptocurrencies are a bit more transparent than digital currencies. Cryptocurrencies and digital wallets, which are the most popular nowadays, are similar but have different functions. In this regard, the article we present is suitable for economically interested individuals or organizations.