Cryptocurrency is the most common word used in the decentralized transaction platform
What is cryptocurrency?
Cryptocurrencies are the digital currency used for buying & selling in the decentralized platform wherein the currency ownership records are stored with strong cryptography for security purposes.
The records are in a digital ledger termed blockchain, a list of records referred to as blocks that are secured & linked using cryptography.
The crypto payments are made by using cryptocurrency rather than physical currencies, and the user pays in crypto or a digital wallet