BLOCKHAIN AND ITS FUNCTIONALITY
let's first consider where we started
Bitcoin, which laid the foundations of the crypto eco-system, which was launched after the financial crisis that occurred in 2008 and deeply affected humanity all over the world, has been launched.
So how did Bitcoin come to life
The Bitcoin network was launched on January 3, 2009. This initiative can actually be interpreted as the beginning of a revolution.
The first transfer dec this network, as many of us know, took place between Satoshi Nakamoto and Cryptographer Hal Finney.
Who can buy Bitcoin in exchange for goods and services payments with bitcoin on May 22, 2010 in front of us Laszlo Hanyecz two pizzas for 10,000 bitcoin at the time of purchase the application developer actually this is the equivalent of receiving an entity which meets the quality of a situation.
About 14 years have passed since the beginning of the ecosystem. Over the past years, more than 17,000 crypto currencies have been launched, most of which are decentralized.
The current market volume of this ecosystem is around $ 2 trillion, this amount is based on the reserve ratio found in today's world, we can call it a baby that has just started to crawl, we can interpret this sentence as follows that we are just at the beginning of the long journey ahead.
Assuming that the number of crypto currency users in the world has recently exceeded 100 million people, the population is around 8 billion, we can calculate that the number of crypto currency users is still 1.25% compared to the population, which means that most of the user base has a great advantage
So far we have learned the initial step of the ecosystem and user data
Now let's examine the most basic article of the crypto currency ecosystem, blockhain:
Blockhain crypto currency everyone has the right to access and review the distribution of this structure is recorded also handing out some kind of system that can be called the first popular use of the structure is Bitcoin notebook as we said, it's a start which we refer to as smart contracts ethereu out of business with sophisticated software algorithms only use this system, you simply pay the money out of the banking services provided to the field of money transfers all or a financial system that can be turned into a “supply chain” is called in the logistics sector, in addition, “decentralized finance” has been launched on this structure in the ongoing process of banking lending and lending, as well as insurance transactions, buying and selling derivative products, and a financial system based on the free will of people with many protocols is being built
We have committed that we will see a very different product like structure was built on the structure, functioning and more importantly in today's world being based in the heart of problems that are caused by the very means that this building has to offer in the future will be solved to summarise a few of the conveniences of a notary for the transfer of a physical and spiritual waiting for hours and the problem will be eliminated will have a question mark in mind about insurance paying for the service we receive.
This means that many similar services will be processed faster and more securely
Remember that our world is developing rapidly, keeping up with this development is a necessary condition for us to maintain our personal existence
In the rapidly developing world, there are many elements that threaten us in order for us to stay safe, we must never stop learning knowledge = power = trust
NOTE: The three main main articles of being safe are "TRAINING EQUIPMENT AND EMPOWERMENT
https://dyorpro.blog/2022-02-12-blockhain-and-functionality/