A cryptocurrency system can be understood as a system intended for the issuance of tokens which are intended to be used as a general or limited-purpose medium-of-exchange, and which are accounted for using an often collectively-maintained digital ledger making use of cryptography to replace trust in institutions to varying extents. Against such a backdrop, the singular term cryptocurrency can mean a token, intended to be used as a general or limitedpurpose medium-of-exchange, issued via a cryptocurrency system. Issue 2This article belongs to the Glossary of decentralised technosocial systems, a special section of Internet Policy Review.1. An online search on Google Trends and Google Ngrams indicated that the term cryptocurrency was not used before the inception of Bitcoin.

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