cryptocurrency

a.k.a. crypto currency, crypto-currency
The name for a digital currency designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional currency, and verify the transfer of assets.

Cryptocurrency is an encrypted, decentralized digital asset transferred between peers and confirmed in a public ledger via a process known as "mining." 

Historical perspective: According to The Telegraph, although bitcoin and ethereum tend to dominate the headlines when it comes to investing in cryptocurrencies, there are around 1,500 crypto-assets in circulation, with more added all the time. Each cryptocurrency has a slightly different make-up and function from the people’s favorite, bitcoin, to the banking-focused Ripple XRP. These were the 10 most popular cryptocurrencies in circulation in 2018:
  1. Bitcoin
  2. Bitcoin cash
  3. Litecoin
  4. Dogecoin
  5. Ethereum
  6. BAT
  7. NEO
  8. Ripple XRP
  9. Stellar (XLM)
  10. Cardano (ADA)
In 2017, dancers at a Las Vegas strip club began accepting bitcoin and other cryptocurrencies in place of cash tips. Entertainers at Legends Room are affixed with temporary tattoos of QR codes, allowing patrons to pay digital tips on smartphones.
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