The Cryptocurrency
DeFi
Bitcoin
What´s Cryptocurrency
A cryptocurrency is a digital asset that uses cryptographic encryption to guarantee its ownership and ensure the integrity of transactions.
control the creation of additional drives, i.e. prevent someone from being able to make copies as we would do, for example, with a photo.
These types of currency do not exists in physical form: they are stored in a digital wallet.
Cryptocurrency has a kind of special characteristics such as
Cryptocurrency is not controled or regularized by governments or organizations
Do not require intermediaries in the transactions.
Cryptocurrency is afiliated to decentralized database, blockchain or shared accounting record, is used to control these transactions.
cryptocurrencies are not considered a means of payment, are not backed by a central bank or other public authorities and are not covered by customer protection mechanisms.
Founded in 2009
Bitcoin was the first cryptocurrency and is still the most commonly traded
Unfortunately, this kind of digital currency has registered a strong instability due to high market fluctuations.
The currency was developed by Satoshi Nakamoto
Ethereum
LiteCoin
Developed in 2015
Second more popular cryptocurrency after Bitcoin.
Third more popular cryptocurrency after BitCoin and Ethereum
Created in 2011
Countries as Tailand, The Philippines and also South Korea populations uses more than 20% of BitCoin in Internet and Virtual Market
Made by Vitaly Dmitriyevich
Developed by Charles Lee
Ethereum is designed to be scalable, programmable, secure, and decentralized.
Ethereum is a blockchain-based platform best known for its cryptocurrency
Bitcoin and Ethereum have many similarities but different long-term visions and limitations.
Ethereum is the foundation for many emerging technological advances based on blockchain.
Litecoin (LTC) is a cryptocurrency that shares features with Bitcoin but runs a different mining algorithm.
It is considered to be among the first altcoins, derived from Bitcoin's original open-source code.
Litecoin is an early altcoin developed by former Google engineer Charlie Lee in 2011.
It had once been called the silver to Bitcoin's gold, and at its height was the 3rd largest cryptocurrency by market cap.
Is a type of cryptocurrency that is mostly used by thechnicians, students, internet developers and also public in general
Is a new kind of currency that allows people to make transactions via internet
De-Fi has some advantages such as:
Transparent
Better Management
Descentralized
References: www.kaspersky.com. 2022. What is cryptocurrency and how does it work?. https://www.kaspersky.com/resource-center/definitions/what-is-cryptocurrency
Anderson, S., 2022. What Is Ethereum and How Does It Work?. https://www.investopedia.com/terms/e/ethereum.asp
Anderson, S., 2022. What is BitCoin , How to Mine It, Buy, and Use it https://www.investopedia.com/terms/b/bitcoin.asp
StableCoin
Belongs to the DeFi Finances
Bitcoin alternative (altcoin) that is built to offer more stability than other cryptos.
Exist somen popular stablecoins, such as Tether and USD Coin, are among those with the highest market capitalizations on the cryptocurrency market.
Benson A. 2022. Stablecoin Definition: What Are They and How Do They Work? https://www.nerdwallet.com/article/investing/stablecoin#:~:text=Stablecoins%20are%20a%20type%20of,values%20from%20fluctuating%20too%20much.
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