Cryptoasset
Digital assets employing cryptography to secure a decentralized network with activity stored on a distributed ledger.
Introduction
Cryptoassets are used to store and provision digital goods in a peer to peer fashion across decentralized networks.
The term was popularized by Chris Burniske and Jack Tatar’s book Cryptoassets. Acting as a more encompassing term than cryptocurrency. Describing the broader range of activities that can take place outside of value transfer.
The Three Types of Cryptoassets are:
- Cryptocurrencies like Bitcoin
- Cryptocommodities like Ether
- Cryptotokens like Chainlink
Further Reading Cryptoassets
Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond