The first decentralized cryptocurrency that was created is Bitcoin, which functions as peer-to-peer digital cash that is free from the control of intermediaries such as banks and governments.
Since then, there are currently over 2,100 coins
that are traded on public exchanges
, with thousands more that have been created but have not been listed on cryptocurrency exchanges.
Since Bitcoin is the first decentralized cryptocurrency to be created and represents the first implementation of blockchain technology, it is easy to automatically assume that both terms are one and the same.
Cryptocurrencies, therefore, are a measure of value on the underlying network and can encompass a wide variety of utilities and use cases.