Cryptocurrencies are developed to serve different level of customer needs. Usually they are based on cryptography and created through a process called mining. The cryptography protocols used to make the transactions safe, control the process of new coin creation. As a result, coins are difficult to counterfeit.

Cryptocurrencies are not tied to any particular country or central bank and therefore cannot be affected by inflation. The value of the digital coin depends on factors such as usability, demand and supply. Read more about cryptocurrency on