The word “crypto” literally means concealed or secret. "Cryptography" means "secret writing"—the ability to exchange messages that can only be read by the intended recipient. Depending upon the configuration, cryptographic techniques can ensure pseudo or full anonymity. In cryptocurrency, cryptography is used for multiple purposes—to secure the various transactions occurring on the network, control new currency unit generation, and verify digital asset and token transfers. The word “crypto” literally means concealed or secret. "Cryptography" means "secret writing"—the ability to exchange messages that can only be read by the intended recipient. Depending upon the configuration, cryptographic techniques can ensure pseudo or full anonymity. In cryptocurrency, cryptography is used for multiple purposes—to secure the various transactions occurring on the network, control new currency unit generation, and verify digital asset and token transfers.