The invention of paper money and the invention of cryptocurrency.
Change
All people who have settled down have different things, which will later be called "money".
started to produce, use and develop. The process in question has been seen in the same way in all societies, but at different times.
Coins have dominated exchanges and trade for a long time from past to present, and paper money began to become widespread after the 17th century.
Although it was able to quickly meet the demand for money during the period, the increase in demand for money with economic expansion revealed the difficulties in using coins, which are relatively reliable compared to paper money.
Then, ideas about paper money began to develop, which led to the institutionalization of the monetary system.
Now thoughts about crypto money have begun to develop
Cryptology is derived from the ancient Greek word kryptos. Cryptography is derived from the Greek word granhien and refers to the encryption of data. Cryptography; Concepts such as confidentiality, authentication, integrity are achieved
It is a set of mathematical methods that work to achieve .
When users retrieve the data they want from the system, they also send data to the system. Cryptocurrencies; The consensus approach has different features such as the consensus structure, the problem used in the cryptocurrency production phase, the hashing algorithm used, the development of other service capabilities within the scope of the platform, the average time required to add each new block, the block size and the amount of cryptocurrency that can be created. The 4 cryptocurrencies with the highest transaction volume between the research dates are Bitcoin, Ethereum BNB and Ripple.
The transition to Cryptocurrency will be faster after paper money.