Understanding Crypto Fundamentals: Value Investing in Cryptoassets and Management of Underlying Risks

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

T. JeegersUnderstanding Crypto Fundamentalshttps://doi.org/10.1007/978-1-4842-9309-6_7

7. Cryptoasset Taxonomies

Thomas Jeegers¹  

(1)

Vienna, Austria

 

All classifications in this world lack sharp boundaries, and all transitions are gradual.

—Aleksandr Solzhenitsyn

Note this book’s recurrent use of the word cryptoasset rather than the more common term cryptocurrency. This distinction is purposeful, as cryptoassets encompass many more assets than only those meant to be currencies.

Formally, cryptoassets are digital assets secured by cryptography on a public ledger and created, managed, and exchanged on decentralized peer-to-peer networks.¹ In comparison, cryptocurrencies ...