A cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

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 a blockchain, that serves as a public financial transaction database.

Types of Cryptocurrency.

1. Bitcoin
2. Bitcoin Cash
3. Litecoin
4. Ethereum
5. Ripple
6. Stellar
7. NEO
8. Cardano