Is Q A cryptocurrency?

In this sense “Q” can be thought of as a cryptocurrency. However, cryptocurrency is increasingly defined further as using a decentralised system to manage and secure the virtual ledger that records transactions.

Is Initiative Q the next big thing in cryptocurrency?

Initiative Q’s marketing explicitly draws comparisons with the best-known cryptocurrency: “Think of it as Bitcoin seven years ago.” The implication is this is the next Big Thing in internet money. Yet Initiative Q also states it is not developing a cryptocurrency.

What is a cryptocurrency & how does it work?

: 18 A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

What are cryptocurrencies & crypto tokens?

Both cryptocurrencies and crypto tokens fall under this category. Cryptocurrency: These crypto assets are also called crypto coins and are those native to blockchains. So for instance, bitcoin (BTC) is the native cryptocurrency of the Bitcoin blockchain and ether (ETH) is the native cryptocurrency of the Ethereum blockchain.