"Cryptocurrencies are digital forms of currencies that allow users to transfer value online without any involvement of third parties like banks. Cryptocurrencies are designed for secure storage and transmission of data by using sophisticated cryptographic techniques, hence the name 'crypto'." Cryptocurrency transactions are authenticated through cryptography (hence the reference to crypto). A decentralized system of 'crypto-users' who are the only actors of the network (e.g., no banks), follow certain protocols to make transactions, which cannot be altered by any actor once they are included in the blockchain (a public ledger of all transactions). The blockchain is visible to everyone and can be used, with some effort, to see how much of a certain cryptocurrency an individual or group of individuals hold at any point in time. However, identities of people behind these transactions are difficult to uncover and hence anonymous (hence the reference to 'cryp...