The Article covers the key aspect of the evolution of Cryptocurrency as a future mode of payment former chant and consumers, the paper will highlight all the key elements that plays apivotalrolein influencing the market value of the Cryptocurrency, with respect to the acceptance of Cryptocurrency within general people, government regulations for this means of transaction, the security aspect of the currency, and where, how and who is using this currency, the perks and the disadvantage that have taken birth due to the advent of this currency which includes bitcoin, ethereum, and other alt-coins. More over the paper concludes with author’s analysis on digital currency.