Abstract: New type of currency — crypto currency. In this article the essence, possibilities and prospects of the development of cryptography are considered.

The economy does not stand still, because our world is changing, along with the addition of paper money and electronic money or the so-called electronic cryptography. It is very important to analyze why an electronic currency is needed, where it may need what it carries alongside for the Ukrainian economy as a whole. With the advent of cryptography and cryptocurrency, many scammers have also appeared on the network (Internet), who want to seize the personal data of the owner of such currency by any means. And in this article we will look at how to protect yourself from them, so that all of your personal data remains only with you. Also in this article we will consider the methods of «obtaining» coins. As we know, the economy (even the global one) is unstable. And as a result, it is difficult to predict what awaits us in the future, but experts from one of the American companies predict that bitcoin prices will rise to a million dollars, experts are optimistic. Also, experts said that if bitcoin will cost a million dollars, satoshi will cost about one American cent. As for the positive sides, there are also negative sides, but for the time being, little is known about them yet. Also, one of the main implications of this article is the use of cryptography. What are the risks, what equipment is needed, etc. By the way, anyone who wants can begin to «extract» coins, but you should be prepared for very large electricity bills.