Glossary

Cryptocurrencies (e.g., Bitcoin, Ether)

Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology. Bitcoin and Ether are prominent examples, serving as digital money that facilitates secure, transparent, and peer-to-peer transactions without the need for central authorities like banks. Cryptocurrencies can be used for a wide range of applications, from simple transfers of value to complex financial contracts, thanks to the programmable nature of some platforms like Ethereum. They represent a new form of asset and payment system, aiming to make financial transactions more accessible, efficient, and resistant to censorship.