📗introduction to the crypto market

The cryptocurrency market is based on Blockchain Technology, whose development began in the 1990s and culminated in its practical application in 2009, with the creation of Bitcoin. In contrast to the traditional financial system, in which transactions depend on centralized validation by banks or government entities, Bitcoin has emerged as a disruptive alternative. In it, system users themselves validate transactions through encryption processes. This system eliminates the need for centralized regulation, relying on the consensus of the user community. As a result, Bitcoin prospered and inspired the creation of thousands of other cryptocurrencies, each with its own particularities, but all based on the premise of decentralized operation.

Blockchain Technology and its related technologies have continued to evolve, leading to the design and implementation of smart contracts. These revolutionary contracts automate the execution of agreements, allowing involved parties to interact in a secure and transparent environment, without the need for intermediaries. This innovation represents an important step towards a more efficient and decentralized digital economy.