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what exactly is cryptocurrency? In the event that you prevent all of the noise that surrounds cryptocurrencies and only obtain the gist, they have always been understood to be short entries in the database which can not be changed through you unless certain conditions tend to be fulfilled. It may seem quite standard, although this is exactly what cryptocurrency is. It's the same as the funds in your banking account. That is also only entries as part of a database that can simply be changed underneath particular temperatures. You can also take it in the shape of real coins then notes. Therefore, which means money is just regarding your verified entry inside some sort of database regarding deals, balances otherwise reports.