Instead, the bitcoin currency is based on mathetical formula. Cryptocurrency is a type of digital asset that uses cryptography to secure its transactions and to control the creation of new units of the currency. Bitcoin (BTC) Bitcoin uses innovative peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoin is carried out collectively and transparently by the network. Since then, network capacity has been improved incrementally both through block size increases and improved wallet behavior. The network is based on the InterPlanetary File System (IFPS) protocol. SHREM is also charged with one count of willful failure to file a suspicious activity report, https://youtu.be/JlOhrIOVzMg which carries a maximum sentence of five years in prison.