What is Crypto?
Cryptocurrency, or crypto, is a form of digital or virtual currency that uses cryptography to secure transactions. Unlike traditional currencies like dollars or...MásWhat is Crypto?
Cryptocurrency, or crypto, is a form of digital or virtual currency that uses cryptography to secure transactions. Unlike traditional currencies like dollars or euros, crypto operates independently of central banks. Instead, it’s decentralized and powered by blockchain technology, which records every transaction across a distributed network of computers.
Crypto was born out of the desire for financial freedom—giving individuals full control over their money without needing banks or middlemen. The term "cryptocurrency" stems from the use of cryptographic methods to secure and verify all digital transactions.
Evolution from Bitcoin to Altcoins
The first and most well-known cryptocurrency, Bitcoin (BTC), was created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Bitcoin laid the foundation, and since then, thousands of alternative cryptocurrencies, or altcoins, have emerged—each with unique features, technologies, and purposes.
These include: