What is Crypto?

A digital asset

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. But what does that mean, and how does that work? In order to answer that question, it is also imperative to understand what blockchain technology is. We think that the following two videos do a great job of explaining these concepts.

Blockchain

Cryptocurrency