Cryptocurrencies, are as the name implies, are currencies which are being produced by computer algorithms, thus it has no agency of issuing (like Reserve Bank of America). Any cryptocurrency for example bitcoin is generated by ‘miners’ on a special network that solves complex mathematical problems algorithmically. There are a myriad of cryptocurrencies that are still active till today and almost all of them are same or similar in characteristic, only difference being on the technology they use for encrypting and hashing (to generate a value or values from a string of text through a mathematical function and algorithms). The most popular ones are Bitcoin, Doge Coin, Verge, Ripple and etc.
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