Cryptocurrency development: from currency to digital property management
In the last decade, Cryptocurrency has undergone a significant change in its humble platform as a digital currency in a system of managing digital properties on a full scale. From a pioneer test for decentralized financing (Defi) to a large -scale financial instrument, Bitcoin and other cryptocurrencies have evolved significantly in their journey.
Bitcoin's birth 
In 2009, an anonymous person or a group of people who use the pseudonym Satoshi Nakamoto created Bitcoin as an equal online cash system. This innovative approach to the digital currency challenged the traditional Fiat coins by providing a decentralized, safe and transparent replacement mode. The first block of the Bitcoin block chain, known as Block Genesis, was extracted on January 3, 2009.
The first years (2010-2014)
As several developers have started to participate in the Bitcoin software, the project infrastructure has expanded and new functions have been introduced. A remarkable development was to create a decentralized (DEX) exchange called Bitfinex in 2011, which allowed users to trade cryptocurrencies to an open network.
In the first years, other visible cryptocurrencies, such as Litecoin (LTC), Ethereum (ETH) and Monero (XMR) were born. These alternative projects have helped to increase the cryptocurrency ecosystem by providing new cases of use, payment systems and decentralized applications (DAPP).
Regulatory surveillance
As the value of bitcoin and other cryptocurrencies began to grow, regulatory bodies around the world have begun to take into account. In June 2013, the Chinese government banned most of the coins, including central banks, trying to reduce speculation.
In response, governments have made stricter worldwide regulations for cryptocurrency transactions, including the requirement for exchange to register for authorities and comply with anti -spinal orientations (AML). This movement meant a significant transition from a more admitted approach used in the first days of Bitcoin.
Increase (Defi) of distributed funding (def)
In 2016, Defi became a separate category from cryptocurrency, focusing on lending, loans and trading platforms using smart contracts and decentralized applications. The first Protocol Defi, Makerdaon Dai, was launched in 2017.
The case of use Makerdao allows users to submit funds in the DAO network (autonomous decentralized organization), which then divided them into different projects through a brand -based system. This pioneering test showed the potential blockchain to facilitate the potential for lending and risk management on a decentralized scale.
The current state of cryptocurrency
Today, Bitcoin and other cryptocurrencies have become more and more frequent, because many institutional investors and financial institutions adopt. The emergence of new assets classes, such as Stablecoins, continued to extend potential applications on the cryptocurrency market.
New Blockchain networks such as Polkaot (dot) and Sorana (soil) are developed to improve scalability, safety and ability to use in different cases. In addition, the growth of Defi platforms, including Uniswap (Sleep) and Ghost (Ghost), made it easier for individuals to participate in a decentralized financial market.
Digital Property Management: Next Border
As cryptocurrency develops, its potential applications extend beyond speculation or investment. Digital Property Management (DAM) becomes a separate category that uses the strengths of cryptocurrencies to provide open, safe and efficient financial services.