VOC Explained

Is Crypto Different from Bitcoin?

Jim Haastrup

Crypto is a term that is used to describe a wide range of digital assets. Bitcoin is only one type of crypto.

Cryptoassets are digital, or virtual, assets that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are a type of crypto asset that uses a public ledger to record all transactions. Bitcoin is the first and most well-known cryptocurrency