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cryptocurrency

Definition

A digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a digital ledger or computerized database using strong cryptography to secure transaction record entries, to control the creation of additional digital coin records.
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KERI doesn't need total global ordering, whereas cryptocurrencies do need this. As a consequence has been designed, without the need of a consensus-based distributed ledger (blockchain).

KERI doesn't provide for a currency system, however a KERI-based system can be easily extended with a money - or token system.

See also Non Fungible Tokens.