#1 Introduction to Cryptocurrencies: What Are They and How Do They Work? (English)

Cryptocurrencies have garnered a lot of attention in recent years. But what exactly are they and how do they work? In this article, we provide a basic introduction to the world of cryptocurrencies.

Cryptocurrencies are digital or virtual currencies that use cryptography for security. Bitcoin, the first and most well-known cryptocurrency, was introduced in 2009 by an anonymous person or group under the pseudonym Satoshi Nakamoto. Since then, thousands of cryptocurrencies have emerged.
The underlying technology of most cryptocurrencies is the blockchain. A blockchain is a decentralized and distributed ledger that records all transactions. This technology offers transparency and security, as each transaction is publicly viewable and immutable.
Conclusion: Cryptocurrencies offer many advantages, including decentralization, security, and transparency. They have the potential to revolutionize the financial system, but it is important to be aware of the risks.