Kryptoměny, or cryptocurrencies in English, refer to digital or virtual currencies that use cryptography for security. They operate on decentralized networks based on blockchain technology, which is a distributed ledger enforced by a network of computers called nodes. Unlike traditional currencies issued by governments (also known as fiat currencies), cryptocurrencies are typically not controlled by any central authority, making them resistant to government interference or manipulation.
The first and most well-known cryptocurrency is Bitcoin, introduced in 2009 by an anonymous person or group known as Satoshi Nakamoto. Since then, thousands of alternative cryptocurrencies, commonly referred to as altcoins, have been developed, each with its unique features and uses.
Cryptocurrencies can be used for a variety of purposes, including online transactions, investments, and as a means of transferring value across borders quickly and with lower fees compared to conventional methods. They can also represent assets, rights, or utilities on their respective platforms, often as tokens on blockchain networks.
Despite their potential benefits, cryptocurrencies are associated with various risks, including volatility, regulatory scrutiny, and security challenges, making them a topic of ongoing interest and debate in both financial and technological contexts.
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