Cryptocoins

A term used to refer to digital assets that function as decentralized digital currencies on blockchain technology. Cryptocoins are a digital form of money that can be used to make payments, transfers and other financial transactions over the Internet. They are a key part of the cryptocurrency ecosystem and provide the ability to conduct secure and decentralized transactions without traditional financial intermediaries. Cryptocoins have a variety of characteristics and properties, including unique consensus algorithms, limits on the number of coins issued, and additional features depending on the specific cryptocurrency.