Virtual currencies are booming becoming a relevant digital currency today to such a degree that some companies and governments have encouraged its use despite not having any regulation or guarantee. Among the countless cryptocurrencies that have emerged, a few stand out, among them decentraland.
Decentraland is a three-dimensional virtual reality platform supported by Ethereumanother of the best-known cryptocurrencies on the market, where users are the owners instead of a company.
The value of the decentraland cryptocurrency for this day at 10:00 am (UTC) is 0.461146 dollars. This means that the digital asset had a change of 1.88% in the last 24 hours, as well as a movement of -0.32% in the last hour.
Due to its level of capitalization, this digital currency occupies the position #97 among the most popular.
Cryptocurrencies were born in 2008 as an alternative to the devaluation of several currencies as a result of the economic crisis of that year.
The first digital asset created was the bitcoin and over time others emerged like litecoin, ethereum, bitcoin, cash, ripple, dogecoinsome of the most popular.
Cryptocurrencies work through a cryptographic encryption that guarantees the security of transactions, as well as control of the generation of your coins .
To make transactions, Cryptocurrencies use a decentralized database, blockchain, or shared ledger.
It is worth mentioning that cryptocurrencies are digital currencies that do not physically exist and, unlike assets such as the dollar, euro or peso, they are not regulated by any institution and do not require intermediaries in transactions.
The latter has caused cryptocurrencies to not be viewed favorably by the formal market, accusing them of being unreliable, volatile, promoting fraud, not having a legal framework that supports their users, and allowing the operation of illegal activities, among others.
However, little by little the way has opened to such a degree that companies, millionaires and even States have encouraged or legalized its use.
One of the richest men in the world, Elon Musk, has made comments in favor of digital currencies such as bitcoin and dogecoin, temporarily allowing their use in the electric car company Tesla, which triggered, at the time, the increase in their cost .
