Decentralized control of each cryptocurrency works through blockchain, which is the basis of public transactions, which acts as a distributed record.
Official definition of cryptocurrency:
According to Jan Lansky, encryption may be a system that meets four conditions:
The policy determines whether new cryptocurrency units can be created. If new cryptocurrency units can be designed, the system determines the source conditions by ownership of these new units.
If two different instructions are entered to change the purchase of the same encryption units, the system will execute at most one of them.
The system allows transactions to be conducted in the manner in which the owner of the encryption module is changed. The account statement transaction can only be issued by an entity proving the current owners of these units.
Ownership of cryptocurrency units can be shown exclusively in encrypted form.
Digital Currency Definition Summary:
Decentralized encryption collectively produces the full system of fast encryption services during the system's creation and is publicly known. in central banking and economic policies, such as the Federal Reserve system, administrative committees or governments that control the supply of funds by printing credit money units or by ordering supplementary digital books. In the case of decentralized cryptocurrency, governments or companies cannot produce new units, yet they are incompatible with companies, banks or other entities with property values. The decentralized cryptocurrency-based technical platform was created by a group or individual known as Satoshi Nakamoto.
As of May 2018, there were more than 1,800 transparent encryption specifications. Cryptocurrency system records, security, safety and balance are maintained by a community of mutually suspicious parties called minors who use their computers to confirm the time of the transaction, and added to the register under a specific time stamp system.
Most crypto copies are designed to gradually reduce the production of this currency by limiting the total amount of those currencies to be traded. Comparison of common currencies held or held by financial institutions.
Money in hand, it can be difficult for police to grab cryptocurrencies. This problem comes from exploiting encryption techniques.
In the end, I hope you found what you're looking for, and that it helped you define digital work or what you call encrypted work.