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lisUSD pricelisUSD
lisUSD price calculator
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About lisUSD (lisUSD)
The Historical Significance and Key Features of Cryptocurrencies
Cryptocurrencies have revolutionized the world of finance and technology, bringing a complete paradigm shift in how transactions are conducted, assets are transferred and investments are made. This digital transformation has led to the rise of cryptocurrencies as a viable, trusted, and effective medium of exchange.
Historical Significance of Cryptocurrencies
The birth of cryptocurrencies, led by Bitcoin, dates back to 2008 when the anonymous person (or group), known as Satoshi Nakamoto, introduced the concept of a peer-to-peer electronic cash system. However, the actual inception of Bitcoin took place in 2009.
The advent of Bitcoin marked a new era in the financial landscape, where reliance on intermediaries like banks and financial institutions was no longer needed for transactions. Payments could now be transferred directly from one party to another, regardless of geographical boundaries, swiftly and securely. This new financial system signified the democratization of finance, offering everyone equal access to this global system.
Cryptocurrencies have also played a significant role in crises, especially in countries experiencing hyperinflation, political instability or economic sanctions. It provided a safe and reliable alternative for individuals to preserve their wealth.
Cryptocurrencies have now permeated into a broad spectrum of sectors including remittances, e-commerce, social media, supply chain, gaming and many more. Their decisive influence has disrupted traditional systems and brought forth innovative business models redefining convenience and efficiency.
Key Features of Cryptocurrencies
Cryptocurrencies possess unique characteristics that have positioned them as a potent financial tool:
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Decentralization: Cryptocurrencies operate in a decentralized manner, implying there's no central authority controlling transactions or creating new tokens. Instead, crypto transactions are verified by a network of computers (known as nodes) spread across the globe.
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Anonymity: While the records of crypto transactions are open to all network participants, users' identities are often protected by pseudonyms. This pseudo-anonymity has become a critical attraction for many individuals who desire privacy in their financial dealings.
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Transparency: Every cryptocurrency transaction is recorded on the blockchain – a publicly accessible, transparent ledger, ensuring transparency and preventing fraudulent activities.
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Security: Cryptocurrencies utilize cryptography for transaction verification and token creation, which provides robust security against counterfeiting and fraud. Cryptocurrencies also leverage concepts like proof-of-work or proof-of-stake for transaction validation and achieving consensus among network participants.
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Global Accessibility: Access to cryptocurrencies requires only an internet-enabled device, enabling individuals even in remote or underbanked areas to participate in the global financial system.
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Immutability: Once a transaction is verified and added to the blockchain, it becomes immutable. This feature prevents any alteration or deletion of records, and thereby maintains the integrity of the transaction.
Today, cryptocurrencies continue evolving and expanding, ushering in advancements like Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs). Being a game-changing invention of the 21st century, cryptocurrencies signify a stepping stone toward a more democratic, transparent, and inclusive global financial order. Therefore, understanding their historical significance and core features is fundamental to embracing and leveraging this remarkable technology in various spheres of life.
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LISUSD Social Data
In the last 24 hours, the social media sentiment score for LISUSD was 3, and the social media sentiment towards LISUSD price trend was Bullish. The overall LISUSD social media score was 0, which ranks 1399 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with LISUSD being mentioned with a frequency ratio of 0%, ranking 1399 among all cryptocurrencies.
In the last 24 hours, there were a total of 23 unique users discussing LISUSD, with a total of LISUSD mentions of 0. However, compared to the previous 24-hour period, the number of unique users increase by 130%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 0 tweets mentioning LISUSD in the last 24 hours. Among them, 0% are bullish on LISUSD, 0% are bearish on LISUSD, and 100% are neutral on LISUSD.
On Reddit, there were 0 posts mentioning LISUSD in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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