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

coin.price_trendingPRISM

focusIcon
subscribe
coin.quote_currency:
USD

coin.calculator

coin.calculator_tips
PRISM
VectorImg
USD
1 PRISM = 0.001167 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
4.6
rating.person
rating.des

coin.about_title

Understanding The Revolution: Cryptocurrencies

The advent of cryptocurrencies marks a radical shift in our perception of financial systems and transactions. A new era of decentralized digital money, free from the influence of banks and governments, started in 2009 with the birth of the first cryptocurrency - Bitcoin. Since then, a host of other cryptocurrencies have emerged. Let's delve into the historical significance of cryptocurrencies, and explore some of its key features.

A Brief History

The release of Bitcoin's white paper by an anonymous person (or group) using the pseudonym Satoshi Nakamoto was a trailblazer for cryptocurrencies. The initial idea was to create a peer-to-peer version of electronic cash that enables online payments to be sent directly from one party to another without going through a financial institution.

Bitcoin and subsequent cryptocurrencies have stimulated the growth of a dynamic and innovative financial ecosystem where privacy, autonomy, and efficiency are prime. Moreover, the birth of cryptocurrencies is a timely response to the 2008 financial crisis, serving as a refuge against financial systems' failures.

Key Features of Cryptocurrencies

Decentralization

By design, cryptocurrencies operate on a technology called blockchain, a decentralized technology spread across multiple computers (nodes) that manage and record transactions. This aspect eliminates the role of intermediaries and brings power back into the hands of users.

Anonymity Privacy

While transactions are traceable to an extent, one of the essential elements of cryptocurrencies is the privacy it offers. Transactions do not reveal any personal data about the parties involved and, thus, provide a high level of anonymity. This privacy factor, while valuable in maintaining individual sovereignty over one's wealth, has been criticized for its potential abuse by illicit actors.

Peer-to-Peer Networks

Cryptocurrencies leverage peer-to-peer networks where transactions are settled directly between the parties. This aspect allows for international transactions to be completed quickly and cheaply, a significant advancement over traditional wire transfer systems.

Limited Supply

Most cryptocurrencies have a defined upper limit or a capped supply, thus mimicking the scarcity property of precious metals like gold. This feature allows cryptocurrencies to be deflationary by nature and contrasts them from fiat currencies, where central banks typically induce inflation to stimulate spending.

In conclusion, cryptocurrencies mark a significant milestone in the evolution of money. They serve as a testament to human ingenuity in the quest for more democratic, decentralized, and private means for financial exchanges. As cryptocurrencies continue to progress, they will invariably incur critiques, roadblocks, and perhaps even legal restrictions from those invested in maintaining the status quo. However, history shows that ingenuity coupled with practical utility has a way of pushing through barriers. The future of cryptocurrencies looks bright indeed.

technical.performance.title

coin.24Hcoin.7dayscoin.30dayscoin.90dayscalculator.common.one_yearcoin_market.all_time
-1.24%+27.07%+71.26%+44.69%-68.86%-53.30%

technical.history.title

technical.history.coin_code_price
coin_market.timecoin.lowcoin.high
24h$0.001157$0.001202
7d$0.0008777$0.001797
30d$0.0006011$0.001797
90d$0.0005743$0.001797
1y$0.0005181$0.01511
coin_market.all_time$0.0005181(2024-06-13, coin_market.days_ago )$0.04655(2022-01-12, coin_market.years_ago )

coin.market_info

coin_market.cap
$673,736.11
-1.24%
coin_market.fully_cap
$2,233,631.64
-1.24%
coin_market.volume_24h
$2,656.97
-76.55%
coin_market.market_raking
coin_market.circula_rate
+30.00%
coin_market.volume_cap
0.0039
coin_market.circula_supply
577,152,450 PRISM
coin_market.total_max_supply
1.91B PRISM
-- PRISM
coin.ico_price
$0.002500 coin.ico_detail
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