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Decentraland: This is the price of cryptocurrency this May 1

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In Decentraland’s metachovers, users can use cryptocurrency to acquire virtual land plots or create content (such as NFT works) and sell it. (Infobae)

Dentreland is a three -dimensional virtual reality platform supported by Ethereumwhere you need its cryptocurrency to perform any type of acquisition, which is identified with the acronym for MANA.

In Decentraland’s metovers Users have the possibility to create, experience and monetize content, as well as applications. One of the main characteristics of the platform is the ability to buy land in their virtual reality, build on them and eventually monetize.

Unlike other platforms, In Decentraland users are the owners instead of a company . Being the virtual currency in Decentraland’s metaverso, it is important to know its market value.

While the debate is done more and more about the convenience or not of its use, Decentraland is traded today at 10:00 a.m. (UTC) at 0.314957 USD, which represents a of -2.66% With respect to the 24 hours and A variation of 0.98% with reference to its value reached in the last hour.

As for the market, the market has maintained the position #100 Between the desk.

Cryptocurrencies They are ceasing to be elements and have begun to get into the language of everyday legalized in some regions of the .

Physical representations of several cryptocurrencies.
Physical representations of several cryptocurrencies. (Reuters/Given Ruvic)

As his name says, digital currencies Uses Cipptographic Methods The Cipher to perform transactions in a decentralized system and, most of them, through Block chains (Blockchain), which moves it away from traditional models where banks function as intermediaries.

Their innovation has caused many people to be interested in investing in digital currencies, since their value has increased considerably in recent years being bitcoin, ethereum y dogecoin the most popular and those that count on the market.

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Each of these units are produced through A called “Mined” and users can acquire them through different agents or digital currencies, and then store them in “cryptographic wallets” or make various transactions with them through unique keys.

Despite what It was in 2009 Bitcoin entered the market as the cryptocurrency in the worldthe truth is that these are barely experiencing a boom in the financial field, so it is expected that its use will be greater in the not so distant future.

Cryptocurrencies have different characteristics that make them unique: not being regulated by any institution; Do not require intermediaries in transactions; and almost always use accounting blocks (blockchain) to prevent new cryptocurrencies being illegally or the transactions already modified.

A cashier to buy cryptocurrencies.
A cashier to buy cryptocurrencies. (EFE/EPA/Justin Lane/Archive)

However, not having regulators such as a or similar entities They are pointed out of not being reliable, of being volatileto fraud, not have a legal framework that supports its users, allow the of illegal activities, among others.

Although it could be a paradox, in turn cryptocurrencies guarantee security to their miners in terms of the network in which (framework) and that implies code management; Hacking this security is possible but difficult because whoever came to try would have to have a superior computational power even to that of Google himself.

Who invests in this type of digital assets must be very clear that this form brings with it a high risk to capitalthen, just as there may be an , it can also unexpectedly have a collapse and end the savings of its users.

To store them, users must have a digital purse or walletwhich is actually software through which it is possible to keep, send and make transactions of cryptocurrencies. In reality, these types of wallets only keep the keys that mark the property and right of a person on a certain cryptocurrency, so these codes are those that should actually be protected.

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