Cryptocurrency
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A cryptocurrency (or less formally a coin) is a decentralized payment network with an independent currency-like asset that functions on the network and is essential to its function.
As opposed to government electronic money, cryptocurrencies use modern cryptography and decentralization to secure transactions and creation of monetary units. Cryptocurrency assets cannot be seized from their owners by a decree. Cryptocurrency transactions are global and cannot be easily censored.
Source:
Trezor Wiki/Glossary/Cryptocurrencies/Common Terms/ Cryptocurrency