Today we want to tell you an interesting fact related to the origin of cryptocurrencies. Surely, you already have more than clear that 2009 was the year of the launch of the Bitcoin and that, following this path, thousands of new virtual coins have been created, but what happened before all this? How did Bitcoin end up like it is right now? At what point was the blockchain revolution?
If we talk about buying, selling, and send money over the internet, PayPal is the first thing that comes to your mind. This online payment system allows you to transfer money and it has become an alternative to the electronic world since its foundation by Max Levchin in 1998.
Since it began to emerge in the mind of its creator Daniel García, DAVIES is a cryptocurrency with history. April 2018. This is a key year and month in which this new cryptocurrency begins to be created from another existing cryptocurrency: Litecoin.
The phenomenon of virtual currencies has been presented in our society as a revolution that call into question the profitability and the future of central banks. The deceased has been Satoshi Nakamoto, its cryptocurrency and protocol, Bitcoin.
Are you one of those lucky ones who invested in a cryptocurrency when people began to talk about it and now it turns out that your money has increase its value so much that you don't know what to do with it?
Cryptocurrencies rise quickly. We don’t talk anymore just about Bitcoin, Litecoin, Namecoin, or any other currency that you can think of. Now, it is also the moment to talk about DAVIES and other virtual currencies that are emerging over the years. Society evolves and the world keeps spinning. Despite this, now, blockchain is a highlight of the cryptocurrencies.
There are so many new concepts that have emerged as a result of the creation of the Bitcoin... right? Transactions, tokens, cryptocurrencies, blockchain. And now, on top of that, we can also talk about altcoins. We believe that today is a great day to talk about this concept and explore it further. Would you like to join us?
Is there anything in life that does not start for a dream?
It seems that growing, evolving and progressing always is always a good idea, but the worst of the passage of time is that, inside, people are still the same. So, it creates a conflict between what we are and what surrounds us.
Have you heard of them? In recent times they have become a recurring theme because of the growth of cryptocurrencies. The DApps have much to do with this, because they are the ones that allow the creation of services that are not managed by a single entity.
We are used to hear people talking about nodes in the field of cryptocurrencies, so we want to make a stop in this concept to deepen its definition. Although a part of society has already heard of virtual currencies, many people are unaware of the true functioning of the blockchain technology.
The two are coins, and worth as a generic change for other goods or services, but, inevitably, we found large differences between them. The point that holds them together is their exchange character. With the cryptocurrencies we started talking about value in the form of money, and we do it in a way that creates the Internet of Value.