🪙 WHAT ARE CRYPTOCURRENCIES?
Cryptocurrencies represent a new way to move value in the digital environment.
Bitcoin, launched in 2008, was the first cryptocurrency and remains the most well-known and relevant in the market. Since then, thousands of other projects have emerged, each with different technologies, functions, and economic models.
🔗 SO WHAT MAKES CRYPTOCURRENCIES DIFFERENT?
Unlike the traditional financial system, some cryptocurrency networks allow the transfer of value directly between users, without necessarily depending on a bank or a central processor.
🌎 This makes it possible to have global transactions, operate 24 hours a day, and—depending on the network—relatively low costs.
⚙️ HOW DOES IT WORK?
Many cryptocurrencies use decentralized networks of computers that validate and record transactions using technologies such as blockchain.
This means there isn’t necessarily a single institution responsible for controlling the entire network. The system operates based on rules defined by the protocol and on the participation of its users and validators.
₿ BITCOIN The first and most well-known cryptocurrency.
Ξ ETHEREUM A platform that enables smart contracts and decentralized applications to be executed.
💵 TETHER One of the main stablecoins, designed to track the value of the US dollar.
◎ SOLANA A blockchain built for high-speed applications and transactions.
⚠️ IMPORTANT
“Cryptocurrency” doesn’t mean that all projects are the same. There are huge differences between Bitcoin, stablecoins, smart-contract platforms, utility tokens, memecoins, and other digital assets.
That’s why, before investing, it’s essential to understand what problem the project aims to solve, how its technology works, how tokens are distributed, and what risks are involved.
📚 This profile aims to explain the crypto market in a visual, educational, data-based way.
Cryptocurrencies represent a new way to move value in the digital environment.
Bitcoin, launched in 2008, was the first cryptocurrency and remains the most well-known and relevant in the market. Since then, thousands of other projects have emerged, each with different technologies, functions, and economic models.
🔗 SO WHAT MAKES CRYPTOCURRENCIES DIFFERENT?
Unlike the traditional financial system, some cryptocurrency networks allow the transfer of value directly between users, without necessarily depending on a bank or a central processor.
🌎 This makes it possible to have global transactions, operate 24 hours a day, and—depending on the network—relatively low costs.
⚙️ HOW DOES IT WORK?
Many cryptocurrencies use decentralized networks of computers that validate and record transactions using technologies such as blockchain.
This means there isn’t necessarily a single institution responsible for controlling the entire network. The system operates based on rules defined by the protocol and on the participation of its users and validators.
₿ BITCOIN The first and most well-known cryptocurrency.
Ξ ETHEREUM A platform that enables smart contracts and decentralized applications to be executed.
💵 TETHER One of the main stablecoins, designed to track the value of the US dollar.
◎ SOLANA A blockchain built for high-speed applications and transactions.
⚠️ IMPORTANT
“Cryptocurrency” doesn’t mean that all projects are the same. There are huge differences between Bitcoin, stablecoins, smart-contract platforms, utility tokens, memecoins, and other digital assets.
That’s why, before investing, it’s essential to understand what problem the project aims to solve, how its technology works, how tokens are distributed, and what risks are involved.
📚 This profile aims to explain the crypto market in a visual, educational, data-based way.
