Digital currency payment transfer in order to facilitate easy payment and give the payee more confidence in not letting go of their electronic wallet during the transaction. A cryptocurrency is a type of digital asset that relies on cryptography for chaining together digital signatures of asset transfers, peer-to-peer networking and decentralization. In some cases a proof-of-work or proof-of-stake scheme is used to create and manage the currency. Cryptocurrencies allow electronic money systems to be decentralized. The first and most popular system is bitcoin, a peer-to-peer electronic monetary system based on cryptography. A virtual currency has been defined in 2012 by the European
Carolla Digital now the network's recording studio, to record the show. In 2012 ACE Broadcasting was rebranded as Carolla Digital. With the success of "The Adam Carolla Podcast", which was later renamed "The Adam Carolla Show", the network grew. In late 2009, "Carcast" debuted. In early 2010, "Spider and the Henchman", "The Parent Experiment", "Daves of Thunder", and "The Film Vault" had their first shows. Shows debuting in late 2010 were "Life Lessons with Jim Carolla", "This Week with Larry Miller", "The Big 3 Podcast", and "The Punch with Craig Carlisle". "Ace on the House" debuted in early 2011, and "For Crying