Cryptocurrencies can be thought of as digital assets, which are based on a network which is distributed across a large number of computers. This, in turn, makes it a structure and this is beneficial due to the fact it allows cryptocurrencies to exist without control of central authorities, like governments and banks as is the case for most FIAT currencies.

Crypto's have now passed $2 trillion for the first time, it is valid to say Cryptocurrencies are here to stay. In fact, there are now more than 9,000 crypto-currencies.

The main reason why people like cryptocurrencies is due to the fact they can allow for secure payments online, thru tokens. These are represented by the ledger which is internal within the system itself.

There are thousands of alternative cryptocurrencies out there known as altcoins. Altcoins are essentially all other cryptocurrencies in addition to Bitcoin. They all have certain functions and specializations, but most of all, each and every one of them tries to improve certain functionalities of Bitcoin, or even solve some other issues out there. The ones that are similar to Bitcoin are known as forks, and others are completely new kinds of cryptocurrencies that are built from the ground up to work, some based on Ethereum, some on their own native block-chains.

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