What Are Cryptocurrencies?

Decentralised. Encrypted. Immutable. These are words you've probably heard when someone described the world of cryptocurrencies. But the technology behind cryptocurrency goes beyond that - it delves into the essence of trust itself. How do you distribute trust in a way that's secure and mathematically predictable?

Cryptocurrency ensures, via a public blockchain, that no two parties have to trust any centralised third party to transact with each other. Simply put, it's secure and decentralised digital money. No person, company or country owns a cryptocurrency network, just like no one owns the Internet.