>>510611099
Coins are just numbers on a log. The log uses cryptographic technology to keep itself consistent (everyone uses the same log), but every transaction request uses assymetric encryption because in essence, a wallet is asymmetrical encryption. You use the private key to access it, and everyone sees (part of) the public key.
Example, say, Anon wants to send 1 coin to Beanus, so Anon (cryptographically) signs his transaction request. The request points to the last transaction he was involved in, to prove he has enough to give Beanus some. Every leftover from every transaction ever made gets stored in the log.
