Crypto FAQ: What is cryptocurrency and how is it used?

• Defn: cryptocurrency
  [portmanteau: noun "crypto(graphy)" + noun "currency"]
  
  Cryptocurrency is a decentralized form of digital currency that uses strong cryptography techniques (e.g., blockchains with cryptographic hash functions) and distributed peer-to-peer networks to securely regulate currency generation and fund transfers independent of central banks.

For a more comprehensive explanation of cryptocurrency, see the source FAQ: What is cryptocurrency and how does it work? on fhe CryptoCurrencyWorks.com web.