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Cryptocurrency

/ˈkrɪptoʊˌkɜrənsi/noun

A digital currency secured by cryptography and recorded on a distributed ledger.

The Greek roots

κρυπτός
kryptós
hidden, covered

Literally: hidden money

Follow a root:κρυπτός4 words

The story of the word

Half Greek, half Latin. Κρυπτός meant hidden or covered, used of buried things and secret places, while currency descends from Latin currere, to run. The Greek half points at the cryptography that secures the ledger, not at secrecy of ownership: most blockchains publish every transaction by design.

How it travelled
Ancient Greek → English (with Latin second element)
First recorded
2011

Same family

cryptographycryptapocryphaencrypt

In a sentence

He paid the invoice in cryptocurrency and the fee ate most of the discount.

Built on the same root

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