0 a digital currency produced by a public network, rather than any government, that uses cryptography to make sure payments are sent and received safely:
cryptocurrencies such as bitcoin
It is one of several prominent efforts to enable complex financial functions in a cryptocurrency.
Vice versa, a cryptocurrency can be a legal tender, in which case it is not a virtual currency.
Virtual currencies don't have to use cryptography, which means that not every virtual currency is also a cryptocurrency.
Vertcoin developers announced plans to add merged-mining with a new cryptocurrency to be called monoclecoin, so that developers may test new features regularly.
This way the value of cryptocurrency is measured on popular demand and by the trust in a currency.
Peercoin is the fourth largest minable cryptocurrency by market capitalization.
Alternatively, digital gold currency and cryptocurrency can be viewed as examples of how global currency can be implemented without achieving national government consensus.
The service uses social network connections to find trusted individuals buying and selling cryptocurrency.
