The cryptocurrency that seeks to find its way into the mainstream economical system must be free from fraud and hacker attacks, it must be mathematically complicated.
However, it must be easy to understand for users; decentralized with sufficient user safety and protection; and retain consumer anonymity in the absence of criminal activity and money.
Over the years, Cryptocurrency has progressed from an intellectual concept to reality. The creation of Bitcoin marked the beginning of this evolution. Bitcoin is a good indicator of the cryptocurrency sector in general because it is the largest cryptocurrency by market capitalization. As a result, the rest of the market tends to follow its lead.
Bitcoin enticed a growth in the following years. It also drew the attention of investors and the media in April 2013, when it reached a new high for its per bitcoin after surging 10-fold two months prior.
Bitcoin had a market value of more than $2 billion at its peak, but experienced a drop of 50% shortly after, sparking a passionate debate over the future of cryptocurrencies in general, and Bitcoin in particular.
To visualise those growth BonsaiJS helped few crypto trading apps with their graphics and animations. Those projects are:
Despite the challenges surrounding cryptocurrencies, they remain the future of finance. As it appears, cryptocurrency will be here for a long time.
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