✨ Shortly Define Crypto Currency And It's History 👇
Cryptocurrency: Digital or virtual currency using cryptography for security, operating on decentralized blockchain technology, enabling peer-to-peer transactions without intermediaries.
History:
- 2008: Satoshi Nakamoto publishes Bitcoin whitepaper, introducing the first cryptocurrency.
- 2009: Bitcoin launches, with the first block (genesis block) mined.
- 2011-2013: Altcoins like $LTC $XRP and $ETH emerge; Bitcoin gains wider attention.
- 2014-2017: Ethereum introduces smart contracts; crypto market booms with ICOs.
- 2018-2020: Market corrects; regulatory scrutiny grows; DeFi and stablecoins rise.
- 2021-2025: Crypto adoption expands; NFTs, Web3, and institutional investment surge, despite volatility and regulatory debates.
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