Encrypted digital currency includes Bitcoin, Ethereum, EOS, etc. The "encryption" of cryptocurrency is relative to "no encryption". In digital currency, unencrypted digital currency is distributed centrally, and the number of issues is determined by the issuer. A group of people and a computer network monitor online transactions. The transaction is supervised by the centralized institution, and the wallet address and transaction information are not released to the public. This is the case with digital currency or virtual currency issued by companies or countries.

Basic introduction of cryptocurrency:

1, cryptocurrency is a digital currency created based on an encryption algorithm, so it is better understood as encrypted digital currency. Cryptographic currency is not issued by any central authority. Theoretically, it will not be interfered and controlled by government departments.

2. In the distributed accounting system for cryptocurrency, the * * * knowledge mechanism is formulated by most users in the community, which has good privacy protection for users, but the transaction information is completely open and transparent, and the transaction rules will not be changed by any institution or individual without authorization, and will be supervised by all members.