for other assets, such as conventional fiat money, or to trade between different digital currencies. "iota First Chapter Synopsis". Fungibility Main articles: Fungibility and Non-fungible token Most cryptocurrency tokens are fungible and interchangeable. Archived (PDF) from the original on Kyle Torpey (28 December 2017). Archived from the original on Retrieved Wei Dai (1998). Archived from the original on Retrieved Cryptocurrencies: A Brief Thematic Review Archived 25 December 2017 at the Wayback Machine. Iansiti, Marco; Lakhani, Karim.
Architecture Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. 1 This difficulty is derived from leveraging cryptographic technologies. "Warren Buffett: Cryptocurrency will come to a bad ending". In Russia, though cryptocurrencies are legal, it is illegal to actually purchase goods with any currency other than the Russian ruble. The price of a bitcoin fell from a high of about 1,160 in December to under 400 in February.