What is a cryptocurrency?

A cryptocurrency is an open-source digital currency with no centralized trust authority or government control. In this context, a cryptocurrency is a digital asset that uses blockchain technology and cryptographic means for secure transactions. The first cryptocurrency was Bitcoin. The purpose of cryptocurrencies is to enable cashless payments without the dependence, supervision or involvement of banks and authorities. Currency units are generated in fixed numbers after prior agreement with the relevant community. Pokédollar is a crypto currency and has a fixed amount of tokens in circulation that will never increase.