Historical Cripto

It turns out that the history of cryptocurrencies has been around since 1983. The creation of this exchange rate began with a cryptography expert who would later become the forerunner of e-cash or electronic money. Then in 1995 the use of e-cash became increasingly global. In fact, we still use this form of money today.

In the current era, the use of electronic money is no longer foreign to our ears. Almost all the activities we do are completely digital. This of course includes changes in exchange rates, one of which is crypto. So what's the history?

When Was the First Creator of Crypto Currency?
The first crypto was created in 2009 by a developer named Satoshi Nakamoto. He tries to use this exchange rate decentralization scheme without the presence of third parties such as banks or other financial institutions.

Satoshi himself is trying to create a blockchain system so that it will later aim to protect every transaction made. Blockchain is a collection of blocks that contain transaction data to form a chain. This system is a guarantee of the security of crypto exchange transactions which is quite disruptive to the conventional financial industry.

After experiencing several failures, Satoshi finally launched a coin called Litecoin. This coin is the first financial exchange rate and uses a proof-of-work or proof-of-stake system. Until now, this system is still relevant for cryptocurrencies.