Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
ParallelChain

coin.price_trendingXPLL

focusIcon
subscribe
coin.quote_currency:
USD

coin.calculator

coin.calculator_tips
XPLL
VectorImg
USD
1 XPLL = 0.01445 USD
coin.update_time(UTC-0)
coin.buy_coin

technical.price_summary.title

coin.price_live_data

technical.price_summary.p1

technical.price_summary.a1

technical.price_summary.p2

technical.price_summary.a2
profit_calculator.calculate_tokenname_profit

coin.prediction

technical.price_summary.p3

technical.price_summary.a3_1
technical.price_summary.a3_2
technical.price_summary.a3_2
technical.price_summary.a3_2

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

rating.title_new

rating.from
4.4
rating.person
rating.des

coin.about_title

Historical significance and key features of cryptocurrencies

Cryptocurrencies have become a critical cornerstone of the digital economy, revolutionizing traditional financial systems with their decentralized, secure, and seamless nature. They are a digital or virtual form of currency that leverages cryptography for security, making transactions secure and difficult to counterfeit.

Historical Significance of Cryptocurrencies

The founding stone of cryptocurrencies was presumably put in 2008 when an unknown entity known as Satoshi Nakamoto unveiled a conceptual peer-to-peer electronic cash system called Bitcoin. It was the first cryptocurrency that was ever introduced and remains the most valuable in terms of market capitalization.

The inception of Bitcoin symbolized a new era of decentralized digital cash systems as it addressed the key issues of double-spending and intermediaries. It introduced the notion of ‘blockchain,’ a public distributed ledger representing a chain of ‘blocks’ that record all transactions across the network. This remarkable innovation addressed transparency and trust issues, effectively eliminating the need for central authorities like banks or payment processors.

Key Features of Cryptocurrencies

Decentralization

One of the fundamental tenets of cryptocurrencies is their decentralized nature. Unlike traditional currencies, they are not regulated or controlled by any central authority like a government or financial institution. Instead, transactions are verified by network nodes through cryptography and subsequently recorded in a public distributed ledger called a blockchain.

Anonymity and Privacy

Cryptocurrencies offer a higher degree of privacy compared to traditional forms of digital payment. While the transaction data is recorded in the blockchain and is public, the identities of the individuals involved in transactions are encrypted. This means that while it’s possible to trace the history of transactions, the identity of the parties involved remains protected.

Security

The use of cryptographic techniques makes cryptocurrencies extremely secure. The technology involved makes it nearly impossible to counterfeit or double-spend. More importantly, decentralized networks are theoretically immune to government interference or manipulation.

High Liquidity

Cryptocurrencies are highly liquid assets, easy to buy, sell, and trade for goods or services on various platforms worldwide. The global recognition and acceptance of cryptocurrencies have been increasing at a rapid pace.

Availability and Accessibility

Owing to digital nature, cryptocurrencies are available 24/7 throughout the year without any downtime. This availability facilitates users to have constant access to their assets and carry out transactions at any time, irrespective of their geographical location.

Closing Remarks

Cryptocurrencies have disrupted traditional finance and opened up a world of possibilities with their promise of decentralized control, anonymity, and security. With BGB at the forefront, these digital assets are set to become an even more integral part of financial systems in the future. While the level of acceptance for cryptocurrencies continues to grow, these digital currencies are facing their own set of challenges and criticisms that need to be addressed to pave the way for broader adoption. It would be interesting to see how the future of these digital assets unfolds.

technical.performance.title

coin.24Hcoin.7dayscoin.30dayscoin.90dayscalculator.common.one_yearcoin_market.all_time
-2.90%-5.86%-15.56%-24.49%-82.13%-79.62%

technical.history.title

technical.history.coin_code_price
coin_market.timecoin.lowcoin.high
24h$0.01342$0.01504
7d$0.01342$0.01589
30d$0.01342$0.01731
90d$0.01342$0.02257
1y$0.01342$0.2629
coin_market.all_time$0.01342(2024-11-01, coin_market.today )$0.5072(2023-06-08, coin_market.years_ago )

coin.market_info

coin_market.cap
--
-2.90%
coin_market.fully_cap
$1,809,986.61
-2.90%
coin_market.volume_24h
$1,128.67
-87.10%
coin_market.market_raking
coin_market.circula_rate
0.00%
coin_market.volume_cap
0
coin_market.circula_supply
0 XPLL
coin_market.total_max_supply
125,277,868 XPLL
-- XPLL
calculator.faq_btn

coin.how_to_buy

calculator.htb.step1_title

calculator.htb.step1_title

calculator.htb.step1_des
calculator.htb.step2_title

calculator.htb.step2_title

calculator.htb.step2_des
calculator.htb.step4_title

calculator.htb.step4_title

calculator.htb.step4_des

coin.excellent_traders.title

coin.excellent_traders.p

faq.name

faq.one

faq.one_answer_new

faq.two

faq.two_answer

faq.third

faq.third_answer

faq.fourth

faq.fourth_answer

seo_faq.qustion1

seo_faq.answer1

seo_faq.qustion2

seo_faq.answer2

coin_price.buy_coin_title

coin_price.buy_coin_title_app
coin_price.buy_coin_guidance
google download badgeios download badge
coin_price.trade_bg_exchange
coin_price.trade_bg_exchange_guidance

video_section.h2_title

play cover
video_section.right_title
1. video_section.description1
2. video_section.description2
3. video_section.description3
4. video_section.description4
5. video_section.description5
6. video_section.description6
7. video_section.description7
faq.des