HOW DID CRYPTOCURRENCIES COME UP?

We can say that the emergence took place in the 1980s.

Thus, algorithms were developed by mathematicians, economists and computer scientists.

In the following years, programmer David Chaum developed the first type of electronic money.

This invention by the programmer mentioned above gave rise to the emergence of Bitcoin, which emerged years later, more precisely in 2009 and currently, is considered the mother of cryptos and the one that moves the market the most.

In this way, we also say that the person who actually started this movement was Satoshi Nakamoto.

And it all started with the idea that money would be converted into something digital.

And it didn't work!

With this exponential growth, digital currencies or cryptocurrencies, more popularly called, are currencies that you cannot withdraw from your bank's ATM, since they only exist on the internet.

They are a sequential series of codes that are always changing and always recalculating new codes within it.

To form new cryptocurrencies it is necessary to solve extremely complex calculations, destroying blocks and removing cryptos from there. Imagine a gold mine. That's basically it!

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