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Emma William

What is the difference between digital currency and cryptocurrency?

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thank you for sharing such a great knowledge for a members like me who joined this platform last week and don't have much knowledge and information about this thank you for wonderful post.knowledge about cryptocurrency and digital currency I have learnt a lot of thing from your post.

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In cryptocurrency we have to do mining. And from our own mining we earn profit. It is also an digital currency. Here's the thing all cryptocurrency are digital currency.  But all digital currency are not cryptocurrency. That is currency on debit credit card are also digital currency but they are not cryptocurrency 

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Thank you for clarifying the difference and disagreement between these two terms because many of us do not know what the difference is between them, but it is important to know the difference because every day these terms come to our minds

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My friend, I knew there were differences between digital currency and cryptocurrency, but you made it very clear in your topic and put in all the points that we should know. I mentioned information that I did not actually know, Thank you for your effort and for sharing this information with us

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Hello my friend, I wish you well and success. Thank you for all the clarifications that you have made. I hope you will always provide more valuable information so that the benefit to everyone

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The difference between digital currencies and cryptocurrencies. Central digital currencies. There is a group of people and computers that regulate the state of transactions in a network. Central digital currencies. There is a group of people and computers that regulate the state of transactions in a network. For currencies, cryptocurrencies or cryptocurrencies are decentralized, based on distributed systems (computers) that manage transactions, in terms of evidence, anonymity and anonymity.

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2 hours ago, manar34 said:

My friend, many people think that digital currencies and cryptocurrencies are the same, but there are some basic differences between the two, in terms of structure, transparency, transaction processing, transfers, and legal aspects.

Yeah most peoples who have less knowledge about cryptocurrency's they conflict digital currency with cryptocurrency, but its simple that digital currency contains both crypto and fiat currency, but cryptocurrency is a decentralized currency.

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Dear friend it is true that Cryptocurrencies was actually encrypted and decrypted as a means of exchanging funds amongst two parties. Thanks to the technology of the private and public key, which is found in the bitcoin network, for example. When we think about it profoundly, the distinction between digital currency and cryptocurrency is evident.

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Your topic is Informative and helpful for us and I noticed that your topic is all value able and beneficial for us and I appreciate to your work. Digital currencies work on internet and we can send and receive online.

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Computer can easily understand of digital currency language casuse of it's mak e same as computer language and it's unencryto currency.Basicully under crypto currency is no centralized that means not under any company .

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Excellent friend by taking your time and initiative in creating this topic and explaining it so simply that it will surely help a lot to those who are entering our community and it will be of great help to know the differences in digital currencies and crypto currencies.

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I understood, that global foreign currencies can be saved digitally in special files in the bank. As for cryptocurrencies, they are manufactured through the mining process electronically and cannot be forged and it is difficult to penetrate as well.

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Thank you, my friend, for your interest in this topic and for providing us with this useful post on the difference between the two currencies. I was not aware enough of the difference between them .. Now I am aware of some of them and I will strive to get as much knowledge about the world of cryptography. To achieve success and fame

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Thank you for this useful information, as for me, I did not know that there is a difference between cryptocurrencies and digital currencies, and what surprised me is that digital currencies are centralized

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Thanks for your sharing now it is clearly and I have understood clearly actually digital currencies are electronic currencies which we can use on internet and cryptocurrencies are bitcoin ripple and ethereum. 

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Thank you for this great content, the difference is there is a wide difference between digital currencies and cryptocurrencies, digital currencies are central currencies unlike cryptocurrencies that are decentralized, this clear difference is the most important as cryptocurrencies are not subject to the control of a particular class or person.

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I believe that the difference between digital currencies and cryptocurrencies lies in the fact that cryptocurrencies are decentralized currencies and do not belong to any private party such as banks or companies. As for digital currencies, they are the electronic form of real currencies such as the dollar and others, through which we can convert currencies and buy our needs with them.

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Good information mate. Thanks for elaborating that difference between digital currencies and cryptocurreny. Before that I thought that these two are exactly similar. But now I have came to know about encryption of cryptocurreny while digital currencies are unencrypted.


"An Investment In Knowledge Always Pays The Best Interest"🌼

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Digital currencies are centralized, there is a group of people and computers that regulate the state of transactions in the network.  As for currencies, cryptocurrencies or cryptocurrencies are decentralized, based on distributed systems (computers) that manage transactions.

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According to my opinion crypto currency is a currency from which we earn money and the digital currency is an encrypted and decrypted block chain which we can used to withdrawal our money. All digital currency is not a crypto currency but many other types of digital currencies also available like bitcoin etc. 

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Cryptocurrencies: Central there is a group of people and computers that organize transactions in the network 
As for cryptocurrencies: they are decentralized based on distributed systems (computers) that manage transactions

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Yes, I gave good information about the differences between the two currencies, and one of the most prominent differences between the two systems of these two currencies is the way in which these forms of money are created, as Bitcoin and most digital currencies have a limited and controlled supply, while the paper money of the banks to create it from no  Something according to its judgment of the economic needs of the country.

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This is good information, my friend, thank you
I just want to simplify it a little bit because the topic is long, digital currencies are the money that we know but we use online to buy, sell and transfer other things.
Cryptocurrencies are the type of currency that the program creates, so there is no physical condition for these currencies and the same use of real currencies.

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Dear friend thanks a lot for sharing your information about digital currency and cryptocurrency I didn't know about it I just knew the cryptocurrency is also digital currency and the value of a proton is increased everyday sunao today I am able to comes to know about the real meaning and difference between these two kinds of currencies

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Thank you very much, my dear friend, for this valuable participation, detailed explanation and useful and important information .You have made a really good effort .For me, I really benefited because I was finding it difficult to know the difference between the two currencies

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