In the last decade, cryptocurrencies have emerged as one of the most significant financial innovations that have sparked widespread debate among supporters who see them as the future of the economy and opponents who warn of their risks. So what are these currencies? How do they work? What are their advantages and challenges? ## What are cryptocurrencies? Cryptocurrencies are electronic money that relies on blockchain technology, which is a decentralized and secure digital ledger for recording transactions. Bitcoin is considered the first cryptocurrency that appeared in 2009 by an unknown person under the name 'Satoshi Nakamoto'. Since then, thousands of currencies like Ethereum, Ripple, and BNB have emerged, each with unique characteristics.
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